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Sunway s unit establishes RM1bil bln sukuk Wakalah programme

KUALA LUMPUR: Sunway Bhd’s wholly-owned subsidiary, Sunway Velocity Three Sdn Bhd, has established an Islamic medium-term note programme of up to RM1 billion in nominal value based on the Shariah principle of Wakalah Bi Al-Istithmar, namely, the Asean Green Sustainable and Responsible Investment (SRI) Sukuk Programme.

Kuala lumpurSdn bhdSukuk wakalahSunway bhdSecurities commission malaysiaUnited overseas bank malaysia bhdSukuk programmeSunway velocity three sdn bhdWakalah bi al istithmarAsean green sustainableResponsible investmentBursa malaysiaSunway velocityLasean greenUnlisted capital market productsVelocity three sdn bhd