Redemption Of Series 1 Of Islamic Medium-term Notes (sukuk Wakalah)

BackFeb 28, 2025
Type Announcement
Subject OTHERS
Description YNH PROPERTY BHD ("YNH") - REDEMPTION OF SERIES 1 OF ISLAMIC MEDIUM-TERM NOTES (SUKUK WAKALAH)

Reference is made to the Company’s announcement on 4 March 2022 in relation to the issuance of Islamic Medium-Term Notes (Sukuk Wakalah) with a nominal value of RM323.0 million.

 

The Board of Directors of YNH is pleased to announce that the Company has successfully redeemed the Sukuk Wakalah Series 1, with a nominal value of RM153.0 million, from its Sukuk Wakalah Programme on 28 February 2025. 

 

This announcement is dated 28 February 2025.


Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 28 Feb 2025
Category General Announcement for PLC
Reference Number GA1-28022025-00083