Expected interest of 3.74p.a is not so attractive, just little above the FD rate.

Also need to apply through ATM/eshares just like applying IPO & trading just like normal shares on bursa malaysia.

If a person have CDS & Trading account, they can just buy shares / IPO that offers higher dividend yield then buying this Sukuk Dana Infra Nasional.

just my personal opinion

invest in your own risk & final decision is yours

This post has been edited by davinz18: Jan 8 2013, 04:10 PM

trying to attract retail investor with the 4% p.a

I think the subscription is low, so extended 1 more week

good try

DanaInfra to issue second retail sukuk of RM100mil

DanaInfra Nasional Bhd would be offering its second issuance of DanaInfra Retail Sukuk or Exchange Traded Bonds and Sukuk (ETBS).

In a statement on Friday, DanaInfra said the retail sukuk would be offered with a nominal value of up to RM100mil and a tenure of 15 years with minimum indicative profit rate of 4.5%.

“However, the actual profit rate is to be announced on the opening date which is scheduled on Oct 24.

“The offer will be opened until Nov 15 while listing and commencement of trading is expected to be on Nov 28,” it said.

It added the latest issuance is part of DanaInfra’s third series IMTN programme to finance the Mass Rapid Transit Project Sungai Buloh-Kajang line.

The DanaInfra Retail Sukuk was first launched in early January this year as Malaysia’s first sukuk offered to the retail investors.

You interested?

The first tranche already trading on bursa malaysia. You can check it out

Oh Really? Good for you

I didn't apply it, not interested

I also skip this for now

still got 1 week more for those interested

Profit payment in respect of the Exchange Traded Sukuk for the period from 12 August 2013 to 10 February 2014 (182 days), calculated based on 4% per annum on the nominal value and on the basis of the actual number of days elapsed and 365 days (actual/365 days)

EX-date 05/02/2014
Entitlement date 07/02/2014
Payment date 11/02/2014

First profit payment in respect of the Exchange Traded Sukuk for the period from 31 October 2013 to 30 April 2014 (181 days), calculated based on 4.58% per annum on the nominal value and on the basis of the actual number of days elapsed and 365 days (actual/365 days)

EX-date 25/04/2014
Entitlement date 29/04/2014
Payment date 02/05/2014

DanaInfra sells RM2.5bil sukuk for MRT project

The sale comprised a RM1.6bil sukuk, RM300mil sukuk and RM400mil sukuk with tenors of seven to 20 years, reported IFR, a Thomson Reuters publication.

The finance ministry has authorised DanaInfra to raise a total of RM8bil by selling sukuk.