KUALA LUMPUR: TELEKOM MALAYSIA BHD [] had on Monday, April 25 issued RM150 million of Islamic commercial papers (ICP).
TM said the RM150 million ICPs was the first'' tranche under the proposed RM2 billion ICP programnme and Islamic medium term notes.
In accordance with the terms of the sukuk programmes, TM would utilise the Sukuk programmes from time to time and issue ICPs and/or IMTNs to meet its capital expenditure requirements.
However, the aggregate outstanding nominal value of such ICPs and/or IMTNs shall not exceed RM2 billion at any point in time.
TM said the RM150 million ICPs was the first'' tranche under the proposed RM2 billion ICP programnme and Islamic medium term notes.
In accordance with the terms of the sukuk programmes, TM would utilise the Sukuk programmes from time to time and issue ICPs and/or IMTNs to meet its capital expenditure requirements.
However, the aggregate outstanding nominal value of such ICPs and/or IMTNs shall not exceed RM2 billion at any point in time.
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