RM92m savings for KL Sentral


  • Business
  • Wednesday, 11 Apr 2007

PETALING JAYA: Kuala Lumpur Sentral Sdn Bhd (KLSSB) expects to save RM92mil in financing costs with the completion of the issuance of its new serial Sukuk Musharakah. 

The issue, worth up to RM720mil, replaces its previous Islamic financing facility, Al-Bai Bithaman Ajil Islamic debt securities (BaIDS) of the same amount issued in 2001. 

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