Author Topic: Khazanah plans RM1.5b bond sale for MAS privatisation  (Read 64264 times)

Online Ļaughing Ģor

  • Global Moderator
  • Marquess
  • *****
  • Posts: 17,755
    • Investlah - Malaysia's Biggest Investment Forum
Khazanah plans RM1.5b bond sale for MAS privatisation
« on: September 02, 2014, 12:29:45 AM »
KUALA LUMPUR: Khazanah Nasional plans to issue RM1.5bil of Islamic bonds which could be linked to its proposed privatisation of the ailing Malaysia Airlines (MAS).

Bloomberg reported on Tuesday the state-owned investment fund's issuance was part of a RM7bil programme to raise funds for corporate purposes.
 
The report said Khazanah - which owns 11.59 billion shares of MAS or 69.3% stake -- was seeking to sell the five- year debt to yield 4.1% to 4.18%.
 
On Aug 8, Khazanah proposed a selective capital repayment of 27 sen a share under the restructuring exercise, which would involve de-listing. The corporate exercise would see it paying out a total of RM1.38bil.
Can someone to give me a Loan and then leave me Alone?

Offline kittima

  • Viscount
  • ******
  • Posts: 7,163
Re: Khazanah plans RM1.5b bond sale for MAS privatisation
« Reply #1 on: September 02, 2014, 12:33:25 AM »
After the raise of interest rate from Bank Negara, the FD rate is getting nearer to such bond return already.....

Offline aspenvit

  • Viscount
  • ******
  • Posts: 6,723
Re: Khazanah plans RM1.5b bond sale for MAS privatisation
« Reply #2 on: September 02, 2014, 06:45:48 AM »
Every year can issue new bonds to cover the old bonds, can survive forever.
Question 1:
Who got allotted a lot of IPOs?
Question 2:
Who can borrow a lot of money to apply IPOs?
Question 3:
Why share price never move up while u are holding it? But nearly 100% move up right after u cut loss?

Online king

  • King
  • ***********
  • Posts: 76,819
Re: Khazanah plans RM1.5b bond sale for MAS privatisation
« Reply #3 on: September 02, 2014, 07:06:37 AM »
Looks like Bailout, Souds like Bailout, Smells like Bailout.  CORRECT  CORRECT  CORRECT

Offline ovkim

  • Civilian
  • *
  • Posts: 66
Re: Khazanah plans RM1.5b bond sale for MAS privatisation
« Reply #4 on: September 08, 2014, 01:52:32 AM »
Looks like Bailout, Souds like Bailout, Smells like Bailout.  CORRECT  CORRECT  CORRECT

Bond is it similar like putting money to bank as FD? Whice more worth la?

Online Ļaughing Ģor

  • Global Moderator
  • Marquess
  • *****
  • Posts: 17,755
    • Investlah - Malaysia's Biggest Investment Forum
Re: Khazanah plans RM1.5b bond sale for MAS privatisation
« Reply #5 on: September 08, 2014, 05:07:27 AM »
Bond is it similar like putting money to bank as FD? Whice more worth la?


1. Normally, bank has the highest credit rating among all the issuers (except for govt bond)
2. Usually the amount involve in bond is much much higher, ordinary folks usually can only invest in bonds via unit trust.
Can someone to give me a Loan and then leave me Alone?

Online king

  • King
  • ***********
  • Posts: 76,819
Re: Khazanah plans RM1.5b bond sale for MAS privatisation
« Reply #6 on: September 08, 2014, 08:14:26 AM »
1. Normally, bank has the highest credit rating among all the issuers (except for govt bond)
2. Usually the amount involve in bond is much much higher, ordinary folks usually can only invest in bonds via unit trust.
RETAILERS CAN ALSO BUY SPECIFIC BOND IN BURSA,  DANAINFRA ETB. 

Offline lim_90

  • Knight
  • **
  • Posts: 125
Re: Khazanah plans RM1.5b bond sale for MAS privatisation
« Reply #7 on: December 05, 2018, 04:23:15 PM »
Nice one  :clap: :clap: :clap: :cash: