<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 14): UEM Sunrise Bhd has issued Islamic medium-term notes (IMTNs) worth RM500 million in nominal value.</p></div>

<div class=newsTextDataWrapInner><p>The group said the issuance was undertaken in three tranches: RM200 million first tranche with a five-year tenure maturing on Feb 12, 2029; RM100 million second tranche with a seven-year tenure maturing on Feb 14, 2031; and RM200 million third tranche with a 10-year tenure maturing on Feb 14, 2034.</p></div>

<div class=newsTextDataWrapInner><p>The notes were part of UEM Sunrise’s IMTN programme, which together with an Islamic commercial papers programme, have a combined aggregate limit of up to RM4 billion, said the group in a bourse filing.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>UEM Sunrise said the proceeds from the new IMTNs will be used for the group’s shariah-compliant general corporate purposes.</p></div>

<div class=newsTextDataWrapInner><p>This includes the acquisition of new landbank, companies, investments, project development and infrastructure cost, capital expenditure, general expenditure, and refinancing of Islamic financing or outstanding loan facilities.</p></div>

<div class=newsTextDataWrapInner><p>Shares in UEM Sunrise ended unchanged at RM1.06 on Wednesday, giving the group a market capitalisation of RM1.06.</p></div>


KUALA LUMPUR (Feb 14): UEM Sunrise Bhd has issued Islamic medium-term notes (IMTNs) worth RM500 million in nominal value.

UEM Sunrise issues RM500 mil in Islamic medium-term notes

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<p>Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.</p>


<p>In the pursuit of environmental, social and governance (ESG) best practices, it is easy to overlook gaps that are worthwhile addressing in creating a foundation for sustainability that is ultimately rewarding for an organisation.</p>
