I am not interested at all. Just cuious who want to apply ?

Should be under-subcribed!!!

Sukuk offer period extended

KUALA LUMPUR: DanaInfra Nasional Bhd, a wholly owned subsidiary of Minister of Finance, Inc, will extend the offer period for its maiden retail sukuk to another week.

The retail sukuk was launched on Jan 8 in what was considered the country's first new asset class in the exchange meant for retail investors. The offer period was opened for 11 days from Jan 8 to yesterday.

However, it will now be extended to another week to give retail investors the opportunity to invest in this new instrument.

The indicative profit rate, which was previously announced at a minimum of 3.7% per annum, has now been fixed at 4% per annum.

The investment offers pre-determined returns in the form of coupons, which are paid out over regular intervals. Investors need only a minimum of RM1,000 as capital to start investing at the initial public offering stage.

This debut issuance will be used to partly fund the MRT project, giving investors the opportunity to diversify their investment portfolio by investing in the nation's key transport infrastructure with the security of a government guarantee with Syariah-compliant returns to boot.

DanaInfra chairman Datuk Mat Noor Nawi said DanaInfra was formed to ensure and facilitate the funding of large infrastructure projects undertaken by the government for the benefit of the general public.

“Our role is one which comes with great responsibility and we are committed to undertake our role with utmost integrity.

“We are proud to be given the privilege to become the first issuer and be able to provide the public the opportunity to share in the growth and wealth of the nation with the launch of the country's debut DanaInfra retail sukuk,” he said in a statement yesterday.

The RM300mil retail sukuk is part of the second series of sukuk being issued this month for a total of RM1.5bil, with RM1.2bil slated for institutional over-the-counter trading for 10-year papers.


http://biz.thestar.com.my/news/story.asp?f...10&sec=business

Availaible from CIMB eipo as well.

I will skip this one.

100%. No need to check the result also knew already. No excitement liao!

How can it be oversubcribed if 100% alloted ?

Haha. That make sense! But look at the 150 000 units applied. How many people only ?

No need to check also know the result bro.