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Published on 11/29/2007 in the Prospect News Emerging Markets Daily.

Sunrise plans to issue RM 400 million in medium-term notes

By Devika Patel

Knoxville, Tenn., Nov. 29 - Sunrise Bhd. said it plans to issue up to RM 400 million in Islamic medium-term notes.

The company is proposing to increase the limit of its Islamic MTN program to RM 400 million from its present limit of RM 150 million in order to offer the notes.

Sunrise is a property development company in Kuala Lumpur, Malaysia.


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