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Tuesday January 8, 2013
Eversendai gets nod for sukuk
KUALA LUMPUR: Eversendai Corp Bhd's proposed issuance of Islamic commercial papers and/or Islamic medium-term notes (sukuk musharakah) under a sukuk musharakah programme of up to RM500mil in nominal value has been approved by the Securities Commission.
In a filing with Bursa Malaysia, Eversendai said the tenure of the sukuk programme would be for seven years from the date of the first issue.
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