AEONCR

7.130

-0.07 (-1%)

OTHERS AEON CREDIT SERVICE (M) BERHAD ("AEON CREDIT" OR "THE COMPANY") - ISSUANCE OF SENIOR SUKUK PURSUANT TO A SUKUK WAKALAH PROGRAMME OF RM2.0 BILLION IN NOMINAL VALUE ("SUKUK PROGRAMME") FOR THE ISSUANCE OF SENIOR SUKUK AND/OR SUBORDINATED SUKUK

AEON CREDIT SERVICE (M) BERHAD

Type Announcement
Subject OTHERS
Description
AEON CREDIT SERVICE (M) BERHAD ("AEON CREDIT" OR "THE COMPANY") 
- ISSUANCE OF SENIOR SUKUK PURSUANT TO A SUKUK WAKALAH PROGRAMME OF RM2.0 BILLION IN NOMINAL VALUE ("SUKUK PROGRAMME") FOR THE ISSUANCE OF SENIOR SUKUK AND/OR SUBORDINATED SUKUK

Reference is made to the Company’s earlier announcements in relation to the Sukuk Programme on the dates as set out in the attachment (“Announcements”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Announcements.

The Company wishes to announce that it had on 22 April 2024 issued a Senior Sukuk with a nominal amount of RM300 million with a tenure of five (5) years from the date of issuance.

Proceeds from the Senior Sukuk shall be utilised by the Company for financing disbursements to customers in the ordinary course of business of providing consumer financing based on Shariah principles, and refinancing of any existing loans/financing of the Company or any sukuk issued by the Company. All utilisation of proceeds under the Sukuk Programme shall be Shariah-compliant.

This announcement is dated 22 April 2024.




Please refer attachment below.



Announcement Info

Company Name AEON CREDIT SERVICE (M) BERHAD
Stock Name AEONCR
Date Announced 22 Apr 2024
Category General Announcement for PLC
Reference Number GA1-22042024-00001