MR D.I.Y. Debut Sukuk Met with Overwhelming Investor Demand

MR D.I.Y. Group (M) Berhad successfully raised RM540 million through its inaugural Sukuk Wakalah issuance, achieving strong investor demand with a 5.6x oversubscription. The proceeds will strengthen its capital structure and support future growth initiatives

NEXTGREEN SECURES RM50 MILLION FINANCING FROM BANK RAKYAT TO SUPPORT BUSINESS EXPANSION

Nextgreen Global Berhad (NGGB) has secured a RM50.0 million Working Capital Financing-i facility from Bank Rakyat to support its operations and growth. The Shariah-compliant facility will fund working capital needs and offers up to five years of flexible, revolving tenure.

NGGB said the financing strengthens its financial position and supports its green technology and biomass-based initiatives.

SUNVIEW CONSORTIUM SECURES RM2 BILLION EPCC CONTRACT

Sunview Group Berhad has secured an approximately RM2 billion EPCC contract, via a consortium with Cypark Renewable Energy, for the development of a 595 MW floating solar PV plant with BESS at Kenyir Lake. The project marks the Group’s largest contract to date and its first venture into floating solar.

KERJAYA PROSPEK TO BUILD PRIVATE HOSPITAL FOR NEW CLIENT

Kerjaya Prospek Group Berhad has secured a RM98.8 million contract for the construction of a private hospital in Seremban 2, marking its first venture into the healthcare construction segment and further strengthening its order book.