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Economy

Lagenda Properties Raises RM475mil in Debut Sukuk Issuance

KUALA LUMPUR, 28 JULY 2026 – Lagenda Properties Berhad ("Lagenda" or the "Group") today announced the subscription of the inaugural RM475.0 million Sukuk Wakalah under its RM1.5 billion Sukuk Programme based on the Shariah principle of Wakalah Bi Al-Istithmar. The issuance was subscribed by AmBank Group (RM400.0 million) and Alliance Islamic Bank Berhad (RM75.0 million), marking the Group’s first entry into Malaysia’s Islamic debt capital market.

Source: Lagenda Properties Berhad · August 5, 2026 at 10:57 PM · AI-assisted report

Lagenda Properties Raises RM475mil in Debut Sukuk Issuance

Photo: kaeru.my via flickr (BY)

KUALA LUMPUR, 6 AUGUST 2026 —

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KUALA LUMPUR, 28 JULY 2026 – Lagenda Properties Berhad ("Lagenda" or the "Group") today announced the subscription of the inaugural RM475.0 million Sukuk Wakalah under its RM1.5 billion Sukuk Programme based on the Shariah principle of Wakalah Bi Al-Istithmar. The issuance was subscribed by AmBank Group (RM400.0 million) and Alliance Islamic Bank Berhad (RM75.0 million), marking the Group’s first entry into Malaysia’s Islamic debt capital market.

Related: AmBank