Choose another country or region to see content specific to your location.

Vietnam
Vietnam
Malaysia
Continue

CONTACT US

    GENERAL INQUIRIES

    Get in touch to fine out more

    English

    17

    January, 2024

    SkyWorld Awarded Best Structured Finance Sukuk

    On 10 July 2018, SkyWorld Development Group was awarded the Best Structured Finance SUKUK at The Asset Triple A Awards ceremony held at Shangri-La Hotel, Kuala Lumpur. The Asset is Asia’s largest circulated financial monthly magazine. This SUKUK program is recognised not only for one but three ‘FIRST’ innovative structures –

    1) The FIRST securitization of progress billings in Malaysia;

    2) The FIRST SUKUK to monetize unbilled sales for executed property transactions and;

    3) The FIRST to involve affordable housing.

    SkyWorld established its first landmark RM1.0 billion financial program comprising RM600 million Sukuk Musharakah IMTN Programme and a RM400 million Sukuk Murabahah ICP Programme (“Sukuk Murabahah” or “ICP Programme”) through a special-purpose financial vehicle, SkyWorld Capital Berhad (“SkyWorld Capital or the Issuer”).

    NEWS CLIPPING

    193 viewed

    Helpful

    Not helpful