KUALA LUMPUR (Jan 22): Kimlun Corporation Bhd (KL:KIMLUN) has successfully issued Islamic commercial papers (ICP) with a nominal value of RM10.81 million pursuant to its ICP programme. The construction company said the proceeds raised from the issuance of the ICP will be utilised by Kimlun and its subsidiaries for shariah-compliant general corporate purposes, including working capital, capital expenditures and the refinancing of existing group financing. “The tenure of the ICP issued is one year,” it said in a Bursa Malaysia filing on Thursday. OCBC Al-Amin Bank Bhd is the lead manager for the issuance of the ICP. The ICP is issued under Kimlun’s ICP programme, which together with its Islamic medium-term notes programme carries a combined limit of up to RM800 million.

Source: The Edge Markets January 22, 2026 10:49 UTC