George kent: George Kent (Malaysia) Bhd has announced its issuance of sukuk amounting to RM80.0 million in nominal value pursuant to its sukuk wakalah programme. The issuance was completed in accordance with the programme's terms and forms part of the company's strategy to maintain a balanced and sustainable capital structure.

According to BERNAMA News Agency, the engineering company stated that this successful exercise reflects the company's continued access to the capital markets, demonstrating investor confidence in George Kent's credit strength and long-term prospects. The company emphasized its focus on prudent capital management and its commitment to evaluating funding options that align with its strategic objectives and enhance long-term shareholder value.