Type | Announcement | ||||||||||||||||||||
Subject | OTHERS |
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Description |
ISSUANCE OF RM200.0 MILLION IN NOMINAL VALUE OF ISLAMIC MEDIUM TERM NOTES PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME OF UP TO RM1.5 BILLION IN NOMINAL VALUE UNDER 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 the Company has successfully completed its third issuance of RM200.0 million in nominal value of IMTN under the IMTN Programme, with the issuance details as follows:
This announcement is dated 30 April 2024. |
Company Name | APM AUTOMOTIVE HOLDINGS BERHAD |
Stock Name | APM |
Date Announced | 30 Apr 2024 |
Category | General Announcement for PLC |
Reference Number | GA1-30042024-00010 |