Trending News: Foreign trade expected to set new record this yearGSIS assures member data safety after security breachThree Charged For Tresspassing And Breaking Into SchoolsDOH: No mpox cases in BicolOTC Markets Group To Connect East And West With OTC OvernightClasses in 3 Bicol provinces suspended due to bad weatherInvesting In Haicang, Xiamen: A Foreign Enterprise GrowthPBBM bday gift: P3.19-B aid, free services at Level 3 public hospitalsPAS Dewan Ulama Outlines Three-pronged Strategy To Strengthen Ummah UnitySenator: Quiboloy arraignment a big step to absolute justiceBursa Malaysia Suspends Short-selling Of APB Resources SharesApl.de.Ap, ADB to establish PH’s first EV Center for ExcellenceGISB: Anwar Wants Authorities, Religious Councils To Immediately Probe, Take ActionPAL launches 3rd Cebu-Borongan weekly flightYayasan PETRONAS: Mapping Malaysia’s Seagrass Meadows for Conservation and ProtectionGuo graft case in Tarlac transferred to ValenzuelaAI-Media and Speechmatics Announce Strategic Partnership To Evolve Captioning And Language Services Technologies4 convicted for P6.4-B shabu smuggling in 201730,000 People Expected At Malaysia Day Celebration In SabahMicrosoft 365 issue affects thousands of global usersForecast Of Wet Morning On Mahkota By-election Candidate Nomination DayPH suffers 1-3 loss to Germany in Chess Olympiad round 2The Second “From Ziquejie Terraces To The World” Global Farming Culture Exchange and Mutual Learning Conference Held in Xinhua County, Hunan ProvinceDepEd chief lauds PBBM’s dedication to serving teachers, learnersOver RM96 Million In Book Vouchers Redeemed To Date – WongCop, 3 others yield P13.6-M shabu in Sulu91st Armed Forces Day: King Performs Friday Prayers At Khalid Bin Al-Walid MosquePBBM OKs repair of Santa Ana Bridge in Nueva EcijaDeviant Teachings In Selangor: JAIS Forms Task ForceRecto: ADB’s new CSP to help address PH’s dev’t needsUnmasking Future Beauty Trends – NIQCalbayog 1st city in E. Visayas declared as rebel-freeJoin Melaka Explorace 2024 And Stand A Chance To Win Attractive Prizes5,000 Reusable Bags To Be Distributed In Conjunction With Malaysia DayKura Sushi To Open World’s Largest Seating Capacity Revolving Restaurant At Osaka ExpoSeven Held Over Murder Of Myanmar Worker In Bentong factoryMBSP Announces 5 Pct Assessment Rate Hike From Next YearIpoh Woman Loses Over RM350,000 In Phone ScamPremier League Won’t Be Back So Soon, Says New MFL CEO RossiAhmad Zahid Extends Condolences To Family Of Hussein AhmadUnity Govt To Focus On Handling Issues Of The People, Economy – FahmiCops Nab Trio, Seize Drugs Worth RM5.88 MillionOTC Markets Group Announces Official Launch Of OTC Overnight, Expanding Global Market AccessCpo Futures Close Lower, Tracking Weak DemandYAPEIM Forum Aims To Discuss Strategies To Advance Islamic Economy In Southeast AsiaRiuh Bah! Marks Start Of Malaysia Day CelebrationsPDRM May Summon Top Management Of Company Linked To Child, Religious Exploitation – IGPOp Global: Give Space To Authorities To Conduct InvestigationDengue Fever Cases Increase To 1,870 In Week 36, One Death ReportedMetMalaysia Detects Fraudulent Procurement ApplicationsMATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence3,459 Vacancies Up For Grab At SAS 2024 Career FairMahkota Polls: EC Finalises Arrangements For Nomination DaySarawak To Continue Upholding Spirit Of Federalism In MA63 Discussions – Abang JohariBusinesswoman Loses Over RM100,000 To Phone ScamColouring Chicks Not Animal Cruelty If Safe Methods Are Used – DVSMashitah Files Defamation Suit Against NGO Over Myanmar Human Trafficking AllegationsMore Public Parking Space At Teluk Intan HospitalGrowing Climate Risks And Greenwashing Fears Threaten Bank CreditworthinessSunway Malls Breaks Record With Six Wins At PPK Malaysia AwardsBursa Malaysia Higher At Midday Following Overnight Gains On Wall StreetNational Energy Awards 2024 Showcases Malaysia’s Commitment To Energy Management, Energy Efficiency And Renewable Energy SolutionsPerak KPDN Seizes 493 Counterfeit Printer CartridgesGlobal Experts Convene To Share Insights On Farming Culture In HunanAaron-Wooi Yik To Skip China Open Due To InjuryMahkota By-election: Halal Certification Issue Not Affecting UMNO-DAP Cooperation – NgaChina EV Companies In Negotiations To Invest In PerlisPublic Told Not To Speculate On Integrated Op At Similajau National ParkNanta To Attend Future Mobility Summit In DubaiPerhilitan Captures Bull Elephant In MersingBudget 2025: KESUMA Puts Strong Emphasis On TVET Institutions – Deputy MinisterThree Immigration Officers Among Four On Remand For BriberyBlackmores Celebrates 10th Platinum Win With Trusted Brands 2024Vietnamese female professor honoured with Ramon Magsaysay AwardThe 24th China International Fair for Investment & Trade concluded with fruitful results — Investment Linking the World and Opening Up for a Win-Win FutureNegros LGUs suspend classes amid heavy rains, floodingSarawak’s Wong Hee Sieng Joins MAVCOMMarcos birthday wish: Agri sector developmentImmigration Dept Extends Operating Hours During School HolidaysDAR empowers female employees thru ‘Binibining Agraryo’Penang Coach Accepts Costly But Indisputable Penalty DecisionsPAL to launch Cebu-Osaka flights in DecemberOp Global: 13 Children Believed To Be Sodomised, Police Open IP Against Four Men – IGPDOH warns public vs. supposedly imported mpox vaxNetsfere’s Proprietary GenAi Integration Redefines Enterprise Security, ProductivityDA condemns 400 ASF-hit hogs intercepted in NCR checkpointsKura Sushi To Open Revolving Sushi Restaurant With World’s Largest Seating Capacity And Longest Lanes At Osaka-Kansai ExpoQuiboloy’s 4 aides ordered transferred to Pasig jailKing, Queen To Grace Maulidur Rasul Celebration At PICC On MondayWorking Committee To Be Established To Examine Water Pollution Threat – PMA Foreign Enterprise Increases Capital And Expands Production In Haicang, Xiamen, ChinaMASIC, Space Scotland Ink MoU To Foster Cooperation In Space SectorMalaysia Joins WIPO Alert To Strengthen Intellectual Property ProtectionPM Anwar Wishes Happy 67th Birthday To MarcosJBG To Provide Legal Companion Service To Victims Of Sexual Exploitation – AzalinaRat Droppings Force Closure Of Penang Food OutletsAviation: Malaysia’s Passenger Traffic Full Recovery May Be Delayed – MIDFMOE Agrees To 10 Sarawak Claims To Strengthen EducationFuture Trends in Beauty Available in new NielsenIQ (NIQ) Global Beauty Innovation ReportIntegrated Ticket Merging KTMB, ERL Launched To Facilitate Railway Travellers
Sat. Sep 14th, 2024
Trending News: Foreign trade expected to set new record this yearGSIS assures member data safety after security breachThree Charged For Tresspassing And Breaking Into SchoolsDOH: No mpox cases in BicolOTC Markets Group To Connect East And West With OTC OvernightClasses in 3 Bicol provinces suspended due to bad weatherInvesting In Haicang, Xiamen: A Foreign Enterprise GrowthPBBM bday gift: P3.19-B aid, free services at Level 3 public hospitalsPAS Dewan Ulama Outlines Three-pronged Strategy To Strengthen Ummah UnitySenator: Quiboloy arraignment a big step to absolute justiceBursa Malaysia Suspends Short-selling Of APB Resources SharesApl.de.Ap, ADB to establish PH’s first EV Center for ExcellenceGISB: Anwar Wants Authorities, Religious Councils To Immediately Probe, Take ActionPAL launches 3rd Cebu-Borongan weekly flightYayasan PETRONAS: Mapping Malaysia’s Seagrass Meadows for Conservation and ProtectionGuo graft case in Tarlac transferred to ValenzuelaAI-Media and Speechmatics Announce Strategic Partnership To Evolve Captioning And Language Services Technologies4 convicted for P6.4-B shabu smuggling in 201730,000 People Expected At Malaysia Day Celebration In SabahMicrosoft 365 issue affects thousands of global usersForecast Of Wet Morning On Mahkota By-election Candidate Nomination DayPH suffers 1-3 loss to Germany in Chess Olympiad round 2The Second “From Ziquejie Terraces To The World” Global Farming Culture Exchange and Mutual Learning Conference Held in Xinhua County, Hunan ProvinceDepEd chief lauds PBBM’s dedication to serving teachers, learnersOver RM96 Million In Book Vouchers Redeemed To Date – WongCop, 3 others yield P13.6-M shabu in Sulu91st Armed Forces Day: King Performs Friday Prayers At Khalid Bin Al-Walid MosquePBBM OKs repair of Santa Ana Bridge in Nueva EcijaDeviant Teachings In Selangor: JAIS Forms Task ForceRecto: ADB’s new CSP to help address PH’s dev’t needsUnmasking Future Beauty Trends – NIQCalbayog 1st city in E. Visayas declared as rebel-freeJoin Melaka Explorace 2024 And Stand A Chance To Win Attractive Prizes5,000 Reusable Bags To Be Distributed In Conjunction With Malaysia DayKura Sushi To Open World’s Largest Seating Capacity Revolving Restaurant At Osaka ExpoSeven Held Over Murder Of Myanmar Worker In Bentong factoryMBSP Announces 5 Pct Assessment Rate Hike From Next YearIpoh Woman Loses Over RM350,000 In Phone ScamPremier League Won’t Be Back So Soon, Says New MFL CEO RossiAhmad Zahid Extends Condolences To Family Of Hussein AhmadUnity Govt To Focus On Handling Issues Of The People, Economy – FahmiCops Nab Trio, Seize Drugs Worth RM5.88 MillionOTC Markets Group Announces Official Launch Of OTC Overnight, Expanding Global Market AccessCpo Futures Close Lower, Tracking Weak DemandYAPEIM Forum Aims To Discuss Strategies To Advance Islamic Economy In Southeast AsiaRiuh Bah! Marks Start Of Malaysia Day CelebrationsPDRM May Summon Top Management Of Company Linked To Child, Religious Exploitation – IGPOp Global: Give Space To Authorities To Conduct InvestigationDengue Fever Cases Increase To 1,870 In Week 36, One Death ReportedMetMalaysia Detects Fraudulent Procurement ApplicationsMATRADE Bringing Gaming Industry Players To TGS 2024 To Boost Malaysia’s Global Presence3,459 Vacancies Up For Grab At SAS 2024 Career FairMahkota Polls: EC Finalises Arrangements For Nomination DaySarawak To Continue Upholding Spirit Of Federalism In MA63 Discussions – Abang JohariBusinesswoman Loses Over RM100,000 To Phone ScamColouring Chicks Not Animal Cruelty If Safe Methods Are Used – DVSMashitah Files Defamation Suit Against NGO Over Myanmar Human Trafficking AllegationsMore Public Parking Space At Teluk Intan HospitalGrowing Climate Risks And Greenwashing Fears Threaten Bank CreditworthinessSunway Malls Breaks Record With Six Wins At PPK Malaysia AwardsBursa Malaysia Higher At Midday Following Overnight Gains On Wall StreetNational Energy Awards 2024 Showcases Malaysia’s Commitment To Energy Management, Energy Efficiency And Renewable Energy SolutionsPerak KPDN Seizes 493 Counterfeit Printer CartridgesGlobal Experts Convene To Share Insights On Farming Culture In HunanAaron-Wooi Yik To Skip China Open Due To InjuryMahkota By-election: Halal Certification Issue Not Affecting UMNO-DAP Cooperation – NgaChina EV Companies In Negotiations To Invest In PerlisPublic Told Not To Speculate On Integrated Op At Similajau National ParkNanta To Attend Future Mobility Summit In DubaiPerhilitan Captures Bull Elephant In MersingBudget 2025: KESUMA Puts Strong Emphasis On TVET Institutions – Deputy MinisterThree Immigration Officers Among Four On Remand For BriberyBlackmores Celebrates 10th Platinum Win With Trusted Brands 2024Vietnamese female professor honoured with Ramon Magsaysay AwardThe 24th China International Fair for Investment & Trade concluded with fruitful results — Investment Linking the World and Opening Up for a Win-Win FutureNegros LGUs suspend classes amid heavy rains, floodingSarawak’s Wong Hee Sieng Joins MAVCOMMarcos birthday wish: Agri sector developmentImmigration Dept Extends Operating Hours During School HolidaysDAR empowers female employees thru ‘Binibining Agraryo’Penang Coach Accepts Costly But Indisputable Penalty DecisionsPAL to launch Cebu-Osaka flights in DecemberOp Global: 13 Children Believed To Be Sodomised, Police Open IP Against Four Men – IGPDOH warns public vs. supposedly imported mpox vaxNetsfere’s Proprietary GenAi Integration Redefines Enterprise Security, ProductivityDA condemns 400 ASF-hit hogs intercepted in NCR checkpointsKura Sushi To Open Revolving Sushi Restaurant With World’s Largest Seating Capacity And Longest Lanes At Osaka-Kansai ExpoQuiboloy’s 4 aides ordered transferred to Pasig jailKing, Queen To Grace Maulidur Rasul Celebration At PICC On MondayWorking Committee To Be Established To Examine Water Pollution Threat – PMA Foreign Enterprise Increases Capital And Expands Production In Haicang, Xiamen, ChinaMASIC, Space Scotland Ink MoU To Foster Cooperation In Space SectorMalaysia Joins WIPO Alert To Strengthen Intellectual Property ProtectionPM Anwar Wishes Happy 67th Birthday To MarcosJBG To Provide Legal Companion Service To Victims Of Sexual Exploitation – AzalinaRat Droppings Force Closure Of Penang Food OutletsAviation: Malaysia’s Passenger Traffic Full Recovery May Be Delayed – MIDFMOE Agrees To 10 Sarawak Claims To Strengthen EducationFuture Trends in Beauty Available in new NielsenIQ (NIQ) Global Beauty Innovation ReportIntegrated Ticket Merging KTMB, ERL Launched To Facilitate Railway Travellers
Sat. Sep 14th, 2024

Perak Transit proposes RM1.5 bln sukuk programme


KUALA LUMPUR: Perak Transit Bhd (PTrans) has proposed establishing an Islamic medium-term notes programme of RM1.5 billion in nominal value, based on the Shariah principle of Wakalah Bi Al-Istithmar sukuk.

In a filing with Bursa Malaysia today, PTrans stated that the sukuk programme would have a perpetual tenure, allowing for the issuance of sukuk Wakalah as needed.

PTrans will also have the flexibility to issue the sukuk programme in compliance with relevant sustainability guidelines.

Proceeds from the sukuk issuance will be used to finance and reimburse the capital expenditure of PTrans and its subsidiaries.

This includes development and construction costs for the integrated bus transport terminal cum commercial complex, Terminal Seri Iskandar, at Bandar Seri Iskandar in Perak, subject to a margin of advance of 70 per cent.

Additionally, the funds will be utilised to finance general working capital, capital expenditure, refinancing of existing borrowings, future Shariah-compliant financing, general cor
porate purposes and defray expenses.

Source: BERNAMA News Agency

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