KUALA LUMPUR, May 30 (Bernama) — Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank), is pleased to announce the successful issuance of its new 5-year Sustainability Sukuk, under the book-building exercise. The total order for the Sukuk issuance exceeded RM1.0 billion, surpassing the initial desired size of RM500 million.
SME Bank’s Group President/Chief Executive Officer, Datuk Wira (Dr.) Aria Putera Ismail said, “Due to overwhelming demand from local and foreign financial institutions, fund management companies, takaful/insurance firms, and Government-Linked Investment Companies, SME Bank has opted to upsize the total issuance amount to RM1.0 billion.”
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