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Velesto’s subsidiary plans to establish a RM1 billion Sukuk Wakalah programme (ICP + IMTN) to provide more flexible funding, potentially for capex, refinancing, and general corporate purposes. Tlg @BursaTitans get more information
Velesto plans to issue RM1b Sukuk wakalah (ICP+IMTN), guaranteed by the company. The credit rating is solid, and it's mainly to give them more flexible funding for capex, refinancing, or day-to-day operations
