Tadau Energy Sdn Bhd (Tadau Energy) has successfully issued RM250 million of Sustainable Responsible Investment Sukuk (Green SRI Sukuk Tadau) yesterday; which it claimed to be the first Green Sukuk issued in Malaysia.
Tadau Energy’s Green Sukuk Framework has been certified by the Center for International Climate and Environmental Research – Oslo, Norway (“CICERO”).
Securities Commission Malaysia (SC) yesterday announced the issuance of Malaysia’s first green sukuk – an innovative channel to address global funding gaps in green financing - under its Sustainable & Responsible Investment (SRI) Sukuk framework.
Tan Sri Ranjit Ajit Singh, Chairman of SC said, “The launch of Malaysia’s first green sukuk marks another significant milestone in product innovation that strengthens Malaysia’s position as a leading Islamic finance marketplace as well as its value proposition as a centre for sustainable finance.”
KIP Real Estate Investment Trust, the first hybrid community-centric retail REIT listed on Bursa Malaysia, announced its fourth quarter results ended 30 June 2017 (“Q4FP2017”) with a total revenue of RM16.04 million and posted a net property income and distributable income of RM10.86 million and RM9.13 million respectively for the quarter. This translates to an earning per unit of 1.81 sen for Q4FP2017.
In the five-month full financial period of The Fund since its listing on 6 February to 30 June (“FP2017”), KIP REIT delivered a total revenue of RM26.35 million together with a distributable income which amounted to RM14.66 million. Total earning per unit for FP2017 was 2.90 sen.