Launch Partners

Launch Partners

Smithindo Mitra Mandiri registers securities

INDONESIA: Smithindo Mitra Mandiri, an Indonesian fashion retailer, has registered Shariah securities worth IDR1.55 billion (US$99,003.6) with the Indonesia Central Securities Depository. The facility, which was arranged by Urun Bangun Negeri, has a tenor of five months and 23 calendar days and a floating profit rate.

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