Prasarana plans RM6b sukuk for projects

Syarikat Prasarana Negara plans to sell sukuk worth up to RM6 billion this year in order to fund infrastructure projects. Moreover, it is set to list its rail unit, Rapid Rail Sdn Bhd, on the local bourse by 2018 to mark further expansion in the company. The unit will be listed as soon as the Mass Rapid Transit (MRT) rail project is completed, which is scheduled for 2017.

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