DanaInfra pays first profit payment for retail sukuk

PETALING JAYA (July 23, 2013): DanaInfra Nasional Bhd, a wholly-owned unit of the Minister of Finance Inc tasked with helping source for funds to finance public infrastructure projects, will be paying the first profit payment of its DanaInfra Retail Sukuk to its retail investors on Aug 13.

The entitlement, which is fixed at 4% per year, is for the period from Feb 8 to Aug 12, 2013.
Proceeds from the RM300 million fund was used to fund the MRT project.

"With the payment, we have fulfilled our promise to the retail investors to pay part of their return of investment in the retail sukuk. DanaInfra will be making future retail sukuk issuances and we hope to garner more interests from the retail investors for subscription," DanaInfra chairman Datuk Mat Noor Nawi said in a statement today.