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Exsim Capital issues RM323mil sukuk for residential development projects
13 Jul 2021 | Tuesday Source: New Straits Times
Exsim Capital Resources Bhd, a wholly-owned subsidiary of Exsim Development Sdn Bhd (Exsim), has issued RM323 million Tranche 2 Sukuk Musharakah (Tranche 2 Sukuk) as part of its RM2.0 billion Islamic Medium Term Notes Program.
The Tranche 2 Sukuk is backed by future receivables under sales and purchase agreements from two of Exsim's residential development projects in Damansara Perdana, Petaling Jaya, namely D'Quince Residences and D'Vervain Residences.
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