KUALA LUMPUR (March 6): Mr DIY Group (M) Bhd (KL:MRDIY) plans to establish a sukuk wakalah programme of up to RM5 billion to support working capital requirements and refinance existing borrowings. Under the structure, the IMTN programme will have a perpetual tenure, with each issuance carrying a minimum maturity of one year. Mr DIY also has the flexibility to issue sustainability sukuk or sustainability-linked sukuk under the sukuk wakalah programme. CIMB Investment Bank Bhd is the sole principal adviser and lead arranger for the sukuk wakalah programmes. CIMB Investment Bank, Hong Leong Investment Bank Bhd and Maybank Investment Bank Bhd are joint lead managers, while CIMB Islamic Bank Bhd acts as shariah adviser.

Source: The Edge Markets March 06, 2026 11:40 UTC