Issuance Of Islamic Medium Term Notes (IMTNS) Of RM600.0 Million In Nominal Value Pursuant To The Establishment Of An Islamic Medium Term Note Programme (IMTN Programme) And An Islamic Commercial Paper Programme (ICP Programme) [Sukuk Murabahah Programmes], With A Combined Limit Of Up To RM600.0 Million In Nominal Value And A Sub-limit Of Up To RM300.0 Million In Nominal Value For The ICP Programme, Based On The Shariah Principle Of Murabahah (Via A Tawarruq Arrangement)

BackDec 18, 2019
Type Announcement
Subject OTHERS
Description

ISSUANCE OF ISLAMIC MEDIUM TERM NOTES (IMTNS) OF RM600.0 MILLION IN NOMINAL VALUE PURSUANT TO THE ESTABLISHMENT OF AN ISLAMIC MEDIUM TERM NOTE PROGRAMME (IMTN PROGRAMME) AND AN ISLAMIC COMMERCIAL PAPER PROGRAMME (ICP PROGRAMME) [SUKUK MURABAHAH PROGRAMMES], WITH A COMBINED LIMIT OF UP TO RM600.0 MILLION IN NOMINAL VALUE AND A SUB-LIMIT OF UP TO RM300.0 MILLION IN NOMINAL VALUE FOR THE ICP PROGRAMME, BASED ON THE SHARIAH PRINCIPLE OF MURABAHAH (VIA A TAWARRUQ ARRANGEMENT)

The Company’s announcement dated 31 December 2014 on the subject matter refers. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the aforesaid announcement.

 

Pursuant to Paragraph 9.03 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of KLCC Property Holdings Berhad wishes to update that RAM Rating Services Berhad has via its media release on 18 December 2019:

 

  1. reaffirmed the AAA/Stable rating of Suria KLCC Sdn Bhd (“Suria KLCC”)’s RM600 million Islamic Medium-Term Notes Programme (2014/2044); and
  2. withdrawn the P1 rating of Suria KLCC’s RM300 million Islamic Commercial Papers Programme (2014/2021).

 

This announcement is dated 18 December 2019.




Announcement Info

Company Name KLCC PROPERTY HOLDINGS BERHAD
Stock Name KLCC
Date Announced 18 Dec 2019
Category General Announcement for PLC
Reference Number GA1-18122019-00035