Swiber exploring options to establish islamic trust certificates programme
See why it's doing so.
In a disclosure to the Singapore Exchange, the Board of Directors of Swiber Holdings Limited announced that the Group is exploring options to establish Islamic Trust Certificates Programme to broaden and deepen its investors’ pool.
The Group has appointed Maybank Kim Eng Securities Pte Ltd to assist it with exploring the feasibility of establishing such Programme. As at the date of this announcement, Swiber has submitted to the relevant regulators for their consideration, the proposed sukuk structure for the Programme. Further details relating to the proposed establishment of the Programme will be released at the appropriate juncture.