KUALA LUMPUR: TH Heavy Engineering Bhd has proposed to establish a non-rated sukuk murabahah of up to RM170mil.
In a filing with Bursa Malaysia, TH Heavy said it has mandated MIDF Amanah Investment Bank Bhd to act as the principal adviser and MIDF Amanah Investment and Hong Leong Islamic Bank Bhd to act as joint lead arranger and joint lead manager. TH Heavy said the Securities Commission has authorised the sukuk murabahah via its letter dated Sept 4, which was received yesterday. – Bernama
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