Launch Partners

Launch Partners

WCT issues Sukuk

MALAYSIA: WCT Holdings has on the 14th March 2024 issued an Islamic medium-term note worth RM100 million (US$21.34 million) that carries a one-year tenor and a 6% coupon rate, according to a Bond and Sukuk Information Exchange filing.

The paper received an ‘A+ IS’ rating from MARC Ratings. RHB Investment Bank was the lead arranger.

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