KUALA LUMPUR: Eco World Development Group Bhd
's (EcoWorld Malaysia) wholly-owned subsidiary Eco World Capital Bhd has successfully issued its maiden RM550mil sukuk with a five-year tenure under its RM1.2bil sukuk wakalah programme.
It said in a filing with Bursa Malaysia the proceeds from the sukuk issuance will be utilised for working capital requirements, capital expenditures and shariah-compliant investments.
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