DanaInfra’s RM300m sukuk to kick-start retail bonds trading
DanaInfra Nasional Bhd's RM300 million sukuk aiming to partially fund the Klang Valley’s mass rapid transit (MRT) will make its kick-start retail trading of bonds on Bursa Malaysia. Moreover, it is likely that the sukuk will attract he issuance of private debt securities such as conventional bonds and Malaysian Government Securities (MGS) which will be publicly available. According to Tajuddin Atan - CEO of Bursa Malaysia Bhd - a number of parties have expressed their interest in issuing retail bonds. In addition, there should be ample amount of issuance for the successful trading of these bonds on the local exchange.