News

Dayang Enterprise Holdings Bhd ("DEHB" Or The ("Company") Full Redemption Of Unrated Islamic Medium Term Notes (Sukuk Murabahah") Under The Islamic Medium Term Notes Programme Of Up To RM682.5 Million In Nominal Value ("Sukuk Murabahah Programme")

BackNov 16, 2023
Type Announcement
Subject OTHERS
Description DAYANG ENTERPRISE HOLDINGS BHD ("DEHB" or the ("Company")
FULL REDEMPTION OF UNRATED ISLAMIC MEDIUM TERM NOTES (SUKUK MURABAHAH") UNDER THE ISLAMIC MEDIUM TERM NOTES PROGRAMME OF UP TO RM682.5 MILLION IN NOMINAL VALUE ("SUKUK MURABAHAH PROGRAMME")

The Company's announcement on 22 October 2019 and 15 November 2019 ("Collectively Announcements on the Sukuk Murabahah Programme") refers. Unless otherwise stated, all definitions and terms used herein shall have the same meaning as set out in the Announcements. 

 

The Board of Directors of Dayang Enterprise Holdings Bhd is pleased to announce that the Company has fully redeemed the last two series of issue of Sukuk Murabahah i.e. Series 5 and Series 6 amounting to RM220.497 million  (from the original amount of RM313.950 million as part was redeemed earlier with funds from the earlier private placement exercise and internally generated funds) of the Sukuk Murabahah on 15 November 2023, ahead of the due redemption dates in 2024/2025. The Company had used internal funds and fresh borrowings for this redemption. 

 

This announcement is dated 16 November 2023. 

 


Announcement Info

Company Name DAYANG ENTERPRISE HOLDINGS BERHAD
Stock Name DAYANG
Date Announced 16 Nov 2023
Category General Announcement for PLC
Reference Number GA1-16112023-00016