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Kimanis Power Extraordinary General Meeting of the Sukukholders Announcement

IM Press Release
By IM Press Release
6 years ago
Kimanis Power Extraordinary General Meeting of the Sukukholders Announcement

Dinar, Iman, Islam, Sukuk


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  1. IB Press Release Service Published on :​ ​IslamicBanker.com Publications: ​https://www.islamicmarkets.com/publications Kimanis Power Extraordinary General Meeting of the Sukukholders Announcement 24 July 2017 We refer to the above matter and the trust deed dated 19 July 2012 in relation to the Sukuk Programme (''Trust Deed''). Unless otherwise defined herein or the context otherwise requires, all terms defined in the Trust Deed shall bear the same meanings when used herein. We hereby notify, on behalf of the Issuer, that the Issuer is proposing to terminate the Operation and Maintenance Agreement entered into with Kimanis O&M Sdn Bhd and to be self-operational mode thereafter. In this regard, the Issuer intends to seek the approval of the Sukukholders for, amongst others,the proposed revision to the existing principal terms and conditions of the Sukuk Programme through an Extraordinary General Meeting of the Sukukholders. Please refer to the notice from Malaysian Trustees Berhad, the Sukuk Trustee for the Sukuk Programme, for further details. Organisation Name: News Type: Source: Kimanis Power Sdn Bhd Sukuk Issuance Announcement BNM Announcements