Kuala Lumpur, 22 October 2026 – Mah Sing Group Berhad completed a RM300 million Sukuk Murabahah issuance under its existing RM2 billion Islamic medium-term note programme. Official market records show a RM95 million three-year series carrying a 4.25% annual profit rate and a RM205 million five-year series carrying a 4.52% rate, both issued on 22 October.
The transaction matters to Malaysian investors because it shows the property developer can access domestic Islamic debt markets across different maturities while benchmark rates remain elevated. The amounts, tenures and profit rates are confirmed issuance data. The effect on leverage and earnings will depend on how Mah Sing uses the proceeds and whether the financing replaces existing obligations or funds new investment.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here