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OTHERS ISSUANCE OF RM200.0 MILLION IN NOMINAL VALUE OF ISLAMIC MEDIUM TERM NOTES PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME OF UP TO RM1.5 BILLION IN NOMINAL VALUE UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT)

APM AUTOMOTIVE HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
ISSUANCE OF RM200.0 MILLION IN NOMINAL VALUE OF ISLAMIC MEDIUM TERM NOTES PURSUANT TO AN ISLAMIC MEDIUM TERM NOTES PROGRAMME OF UP TO RM1.5 BILLION IN NOMINAL VALUE UNDER THE SHARIAH PRINCIPLE OF MURABAHAH (VIA TAWARRUQ ARRANGEMENT)

APM Automotive Holdings Berhad (“APM” or “the Company”) had on 10 October 2016 announced the establishment of an Islamic Commercial Papers Programme of up to RM1.5 billion in nominal value and Islamic Medium Term Notes (“IMTN”) Programme of up to RM1.5 billion in nominal value (“IMTN Programme”) subject to a combined aggregate limit of up to RM1.5 billion in nominal value under the Shariah principle of Murabahah (via Tawarruq arrangement).

The Board of Directors of APM is pleased to announce that the Company has successfully completed its third issuance of RM200.0 million in nominal value of IMTN under the IMTN Programme, with the issuance details as follows:

 

 

Series 3

Series 4

Issue Date

:

30 April 2024

30 April 2024

Amount Issued

:

RM100.0 million in nominal value

RM100.0 million in nominal value

Tenor

:

5 years

7 years

Use of Proceeds

:

For general corporate purposes

This announcement is dated 30 April 2024.






Announcement Info

Company Name APM AUTOMOTIVE HOLDINGS BERHAD
Stock Name APM
Date Announced 30 Apr 2024
Category General Announcement for PLC
Reference Number GA1-30042024-00010



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