| Type | Announcement | ||||||||||||
| Subject | OTHERS |
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| Description |
ISSUANCE OF RM50.0 MILLION IN NOMINAL VALUE OF ISLAMIC MEDIUM TERM NOTES PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME AND AN ISLAMIC COMMERCIAL PAPERS PROGRAMME, SUBJECT TO A COMBINED AGGREGATE LIMIT OF UP TO RM1.5 BILLION IN NOMINAL VALUE, BASED ON THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT) |
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APM Automotive Holdings Berhad (“APM” or “the Company”) had on 10 October 2016 announced the establishment of an Islamic Commercial Papers Programme of up to RM1.5 billion in nominal value and Islamic Medium Term Notes (“IMTN”) Programme of up to RM1.5 billion in nominal value (“IMTN Programme”) subject to a combined aggregate limit of up to RM1.5 billion in nominal value under the Shariah principle of Murabahah (via Tawarruq arrangement). The Board of Directors of APM is pleased to announce that it has successfully completed the issuance of RM50.0 million in nominal value of IMTN under the IMTN Programme. The RM50.0 million IMTN is the second issuance from the IMTN Programme with the issuance details as follows:
This announcement is dated 15 August 2022. |
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| Company Name | APM AUTOMOTIVE HOLDINGS BERHAD |
| Stock Name | APM |
| Date Announced | 15 Aug 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15082022-00014 |