Proposed Issue of Islamic Commercial Papers ("ICPS") and Islamic Medium Term Notes ("IMTNS") Pursuant to an Islamic Commercial Papers Issuance Programme of RM100.0 million ("Islamic CP Programme") And An Islamic Medium Term Notes Issuance Programme Of RM500.0 Million ("Islamic MTN Programme"), Respectively Which Will Not Exceed RM500.0 Million In Aggregate Outstanding Nominal Value At Any One Time (collectively, Referred To As The "Islamic Securities Programmes")

BackMar 18, 2010
Date Announced
:
 18/03/2010  




Type
:
 Announcement
Subject
:
PROPOSED ISSUE OF ISLAMIC COMMERCIAL PAPERS (“ICPs”) AND ISLAMIC MEDIUM TERM NOTES (“IMTNs”) PURSUANT TO AN ISLAMIC COMMERCIAL PAPERS ISSUANCE PROGRAMME OF RM100.0 MILLION (“ISLAMIC CP PROGRAMME”) AND AN ISLAMIC MEDIUM TERM NOTES ISSUANCE PROGRAMME OF RM500.0 MILLION (“ISLAMIC MTN PROGRAMME”), RESPECTIVELY WHICH WILL NOT EXCEED RM500.0 MILLION IN AGGREGATE OUTSTANDING NOMINAL VALUE AT ANY ONE TIME (COLLECTIVELY, REFERRED TO AS THE “ISLAMIC SECURITIES PROGRAMMES”)

Contents
:
We refer to our earlier announcement dated 3 October 2007 in relation to the Islamic Securities Programmes.


The Board of Directors of Naim Holdings Berhad is pleased to announce that the Company has today successfully completed the initial issuance of RM10.0 million nominal value ICPs and RM45.0 million nominal value IMTNs pursuant to the Islamic Securities Programmes.

The ICPs and IMTNs have been assigned ratings of P1/AA3, respectively by RAM Rating Services Berhad.



This announcement is dated 18 March 2010

Announcement Details :