NERS’ Alpha Circle plans RM595m Sukuk

KUALA LUMPUR: NERS Sdn Bhd’s special purpose company Alpha Circle Sdn Bhd has proposed to raise RM595mil under a Sukuk Musharakah programme.

Malaysian Rating Corporation (MARC) said on Wednesday it had assigned preliminary ratings of AA-IS and AIS on Alpha Circle’s proposed RM540mil Senior Sukuk Musharakah (Senior Sukuk) and RM55mil Junior Sukuk Musharakah (Junior Sukuk) respectively under the Sukuk Musharakah programme.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Subscribe

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Subscribe

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Subscribe
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

NERS Sdn Bhd , special purpose company , Alpha Circle , Sukuk Musharakah , programme , Malaysian Rating Corporation

   

Report it to us.

Next In Business News
Etiquette at an open house
Trump’s presidency a boon
Elevating outdoor oases
GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
The beauty of Hygr’s formula
Top Glove bullish on outlook amid steady order inflows
US market - prudence is golden
Book speaks volumes about Penang food

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.