Come take part in Health care sector Bond
Coupon 6.0%.
Any comment from you guys?





Qualitas Sukuk Berhad – PNC5 Subordinated Sukuk Wakalah 🌟

🔹 Key Investment Details

* 📌 Issuer: Qualitas Sukuk Berhad
* 📌 Obligor: Ameetaz Capital Sdn Bhd
* 📌 Issuer Rating: 🟢 A2/Stable (RAM)
* 📌 Facility Size: RM2.5 billion
* 📌 Indicative Issue Size: RM665 million
* 📌 Instrument: Sukuk Wakalah
* 📌 Tenure: Perpetual (Callable after 5 years) 🔄
* 📌 Pricing: 💰 101.20
* 📌 Yield to Call (YTC): 📈 5.42% – 5.52% p.a.
* 📌 Indicative Coupon Rate: 📉 5.7% – 5.8% p.a.
* 📌 Ranking: ⚠️ Perpetual Subordinated
* 📌 Profit Distribution: 📅 Semi-Annual
* 📌 Minimum Investment: RM250,000




Attached File(s)
 Qualitas___Investor_Presentation__final_.pdf ( 2.44mb ) Number of downloads: 72
 RAMR_RAT_QualitasSukukBerhad_20241209.pdf ( 1.08mb ) Number of downloads: 75

where to buy? fundsupermart?

Not in FSM, get it from CIMB

2nd tranch even better coupon 7%

way better than FD rates or ASM.

Issuer : Qualitas Sukuk Berhad

Coupon: 6.9 - 7%pa

Indicative Price: 101.20

Indicative Yield: 6.68%-6.78%pa

Coupon Payout: Semi Annually

Call Date: 7 years

Bond Rating: A2/stable(RAM

Perpetual Bond step up coupon rate if Bond not called back

i just go through my Qualitas Bond
and surprisingly i found out if at Year 5 call date
Qualitas Health doesnt call back the Bond

the 'step up' rate could potentially be a step down rate

say MGS rate in 2030 is 3.0 on 28.3.2030

the so called step up rate would actually be lower than original 6.0%

new coupon rate after 28.3.2030 = 3.0 +2.4+0.5 = 5.9%

no step up!
it is a step down!

where got incentive for bond issuer to call back like that?

a step up rate is supposed to be a deterrent to deter
bond issuer from not calling back its bond right?

you dont call back your bond, you pay more after that call back date

like the previous Tropicana Bond from 7.5% step up to 9%.
Any comments from you guys?


Attached thumbnail(s)


Attached File(s)
 stepup_rate_on_Y5.pdf ( 155.81k ) Number of downloads: 1

the 2nd series is much better

even if MGS 3.0,

the step up rate would be

3.0 +3.61+1 =7.61%

This post has been edited by guy3288: Nov 25 2025, 04:39 PM


Attached thumbnail(s)


Attached File(s)
 step_up_rate.pdf ( 209.93k ) Number of downloads: 6