Yinson Holdings Berhad’s MYR1 Billion Islamic MTN Program

Zul Rafique & Partners acted for HSBC Amanah Malaysia Berhad.

Yinson Holdings Bhd has made a lodgement with the Securities Commission Malaysia (SC) for the establishment of the Sukuk Wakalah Programme of up to RM1 billion based on the syariah principle of Wakalah Bi Al-Istithmar.

The proceeds raised from the issuance of sukuk wakalah under the programme will be utilised for the following syariah-compliant purposes: defraying fees, costs and expenses in relation to the issuance of the sukuk wakalah and Sukuk Wakalah Programme; working capital; refinancing of existing financing/borrowings; and general corporate purposes.

Yinson Holdings Bhd (KLSE:YINSON) is an energy infrastructure and technology company.

The Zul Rafique & Partners consisted of Celine Rangithan (Picture), Isabella Ng Ling Ling and Christin Wong Tsui Yuan. 


Involved fees earner: Isabella Ling Ling Ng – Zul Rafique & Partners; Celine Rangithan – Zul Rafique & Partners; Christin Tsui Yuan Wong – Zul Rafique & Partners;

Law Firms: Zul Rafique & Partners;

Clients: HSBC Amanah Malaysia Berhad;

Author: Sonia Carcano