KUALA LUMPUR, Malaysia, June 24 (Bernama) -- UOB Malaysia today announced the successful pricing of its RM750 million Basel III-compliant Tier 2 subordinated Islamic medium-term notes (Tier 2 Sukuk Wakalah) on 19 June 2025. The Sukuk is part of UOB Malaysia’s RM5 billion Sukuk Wakalah Programme, established in January 2024 under the Shariah principle of Wakalah Bi Al-Istithmar[1].
Initially targeted at RM500 million, the Tier 2 Sukuk Wakalah offering was upsized to RM750 million following strong demand from a diverse group of more than 20 high-quality investors including insurance companies, fund managers, government-linked investment companies, banks and private banks.
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial
