APM Automotive Holdings Berhad ("APM" or "the Company") had on 10 October 2016 announced the establishment of an Islamic Commercial Papers Programme of up to RM1.5 billion in nominal value and Islamic Medium Term Notes ("IMTN") Programme of up to RM1.5 billion in nominal value ("IMTN Programme") subject to a combined aggregate limit of up to RM1.5 billion in nominal value under the Shariah principle of Murabahah (via Tawarruq arrangement).

The Board of Directors of APM is pleased to announce that it has successfully completed the issuance of RM50.0 million in nominal value of IMTN under the IMTN Programme.

The RM50.0 million IMTN is the second issuance from the IMTN Programme with the issuance details as follows:

Issue Date

:

15 August 2022

Amount Issued

:

RM50.0 million in nominal value

Tenor

:

3 years

Use of Proceeds

:

For working capital requirements

This announcement is dated 15 August 2022.

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APM Automotive Holdings Bhd published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2022 01:11:05 UTC.