Issuance Of Unrated Perpetual Islamic Medium Term Notes ("Perpetual Sukuk Musharakah") Of Up To RM500.0 Million In Nominal Value Based On The Shariah Principle Of Musharakah ("Perpetual Sukuk Musharakah Programme") Pursuant To A Perpetual Islamic Medium Term Notes Programme By Cypark Renewable Energy Sdn. Bhd.

Back Sep 04, 2020
Type Announcement
Subject OTHERS
Description

ISSUANCE OF UNRATED PERPETUAL ISLAMIC MEDIUM TERM NOTES ("PERPETUAL SUKUK MUSHARAKAH") OF UP TO RM500.0 MILLION IN NOMINAL VALUE BASED ON THE SHARIAH PRINCIPLE OF MUSHARAKAH ("PERPETUAL SUKUK MUSHARAKAH PROGRAMME") PURSUANT TO A PERPETUAL ISLAMIC MEDIUM TERM NOTES PROGRAMME BY CYPARK RENEWABLE ENERGY SDN. BHD.

We refer to our earlier announcement dated 4 June 2020 in relation to the Perpetual Sukuk Musharakah Programme.

Cypark Resources Berhad (“CRB”) wishes to announce that Cypark Renewable Energy Sdn. Bhd. (“CRE”), a wholly-owned subsidiary of CRB, has on 4 September 2020 issued the first tranche of Perpetual Sukuk Musharakah of RM97.25 million under the Perpetual Sukuk Musharakah Programme.

RHB Investment Bank Berhad is the Principal Adviser, Lead Arranger and Lead Manager for the Perpetual Sukuk Musharakah Programme.

This announcement is dated 4 September 2020.

 

Announcement Info

Company Name CYPARK RESOURCES BERHAD
Stock Name CYPARK
Date Announced 04 Sep 2020
Category General Announcement for PLC
Reference Number GA1-27082020-00008