SMJ Sdn Bhd (SMJSB), a wholly-owned subsidiary of the Sabah Government through the Chief Minister Incorporated of Sabah, successfully priced its inaugural RM900 million Islamic medium-term notes (Sukuk Wakalah) on Oct 16. It was issued out of its AAA-rated Multi-Currency Sukuk Wakalah Programme of up to RM10 billion (or its equivalent in other currencies) in nominal value.
Kota Kinabalu: Initiatives to develop the State under the Sabah Maju Jaya (SMJ) plan will be speedier and more effective if there are no elements of corruption, says Datuk Seri Hajiji Noor.