Luminor Financial Issues MYR500 Million Worth of Redeemable Preference Shares

MT Newswires

02/04

Luminor Financial (SGX:5UA) issued 500 million Malaysian ringgit worth of redeemable preference shares under Tranche 2F of its preference share program, according to a filing with the Singapore Exchange on Monday.

The issue price of the shares is 1 ringgit per share and will mature on Jan. 31, 2027.

Proceeds raised from Tranche 2F will be advanced to LCM operating entities to fund their respective disbursement requirements.

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