Sunsuria Berhad is pleased to announce that it had on 17 September 2025 made a lodgement with the Securities Commission Malaysia (“SC”) for the establishment of the ICP Programme pursuant to the SC’s Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework (issued by the SC on 9 March 2015, as amended from time to time).
The ICP Programme provides SB with the flexibility to issue secured and/or unsecured, rated and/or unrated Sukuk Wakalah from time to time, subject to the aggregate outstanding nominal amount not exceeding RM500.0 million at any point in time.
The ICP Programme has been assigned a preliminary rating of MARC-1IS by MARC Ratings Berhad.
The proceeds raised from the ICP Programme shall be utilised by the Issuer and/or its subsidiaries to finance working capital requirements, capital expenditure requirements, general corporate purposes, repayment and refinancing of any existing conventional bank borrowings, repayment and refinancing of existing and future Shariah-compliant financing, refinancing of future sukuk issues and to defray all fees and expenses in relation to the establishment of the ICP Programme. All proceeds raised under ICP Programme shall at all times be utilised for Shariah-compliant purposes.
Hong Leong Investment Bank Berhad is the Principal Adviser, Lead Arranger, Lead Manager and Facility Agent in relation to the ICP Programme.
This announcement is dated 17 September 2025.