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UDA tapping into sukuk market to fund its development
27 Mar 2023 | Monday Source: The Edge

From developing the coveted Taman Tun Dr Ismail township back in the 1970s to more recently completing the groundbreaking Legasi Kampong Bharu in the Kuala Lumpur city centre, UDA Holdings Bhd has remained at the forefront of Malaysia’s urban development for over half a century.
Deputy Entrepreneur and Cooperatives Development Minister Saraswathy Kandasami (centre) accompanied by Ministry of Entrepreneur and Cooperatives Development (MECD) secretary-general Datuk Seri Suriani Ahmad (second from left), MECD deputy secretary-general (policy & monitoring) Noor Afifah Abdul Razak (left), Mohd. Salem (second from right) and RHB Investment Bank Bhd managing director Ganesh Sabaratnam attending UDA’s sukuk launch ceremony in Aloft Hotel, Kuala Lumpur Sentral.