Sarawak Energy successfully completed issuance of RM3.5b under Sukuk Musyarakah programme, says group CEO

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Sarawak Energy successfully completed issuance of RM3.5b under Sukuk Musyarakah programme, says group CEO
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KUCHING, July 5 — Sarawak Energy Berhad (SEB), Malaysia’s largest renewable energy developer, successfully completed a total issuance of RM3.5 billion under its RM15 billion...

KUCHING, July 5 — Sarawak Energy Berhad , Malaysia’s largest renewable energy developer, successfully completed a total issuance of RM3.5 billion under its RM15 billion Sukuk Musyarakah Programme yesterday.

He said a number of them are first-time investors from prominent financial institutions, including fund management companies, banks, pension funds, and insurance entities. Sharbini provided an overview of the company’s transformation journey and spoke in depth on its growth agenda, key projects, financial performance highlights and outlined the group’s sustainability initiatives.

He said SEB has been able to leverage its investments in renewable hydropower to provide one of the lowest and most competitive tariffs in the region.

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