Boustead Issues Hybrid Equity To Strengthen Capital Base
KUALA LUMPUR, November 18, 2013 – Boustead Holdings Berhad (Boustead) today announced that the Securities Commission Malaysia approved its proposed Junior Islamic Medium Term Note Programme of up to RM1.2 billion in nominal value (Junior Sukuk Programme). The Junior Sukuk Programme which is highly unique in nature will entail the issuance of hybrid equity in…