Daily Industry News Update (26 November 2020)


Sime Darby Property revises RM4.5b sukuk programme

SIME Darby Property Bhd has revised its RM4.5 billion sukuk musharakah programme to incorporate terms for the potential issuance of its Asean Sustainable and Responsible Investment (SRI) sukuk. The sukuk musharakah programme was given a credit rating of AA-IS…

Budget to be put to the test today

IT is set to be a full house in the Dewan Rakyat with Budget 2021 expected to be put to the test today. With the possibility of a bloc vote being called due to Perikatan Nasional’s razor-thin majority, no MP can ill-afford to miss the sitting.

UK: Battersea Power Station owner takes US$208 mil impairment

The owner of London’s Battersea Power Station took an impairment charge of about 156 million pounds (US$208 million) on the project after social distancing measures and a nationwide lockdown slowed construction. The charge for Battersea Project Holding Company…

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