KUALA LUMPUR (Feb 26): Pos Malaysia Bhd (KL:POS) has proposed a perpetual sukuk wakalah programme of up to RM1 billion in nominal value to fund its capital expenditure and refinance borrowings. Proceeds from the programme — which carries no fixed maturity date — will also be used to fund its general working capital. Just three days ago, Pos Malaysia reported a wider net loss of RM209.26 million for its financial year ended Dec 31, 2025, compared to RM202.67 million in the previous year. As at end-December 2025, Pos Malaysia’s financial position remained under pressure, with total borrowings of RM433.22 million, while cash and bank balances amounted to only RM86.72 million. Maybank Investment Bank Bhd has been appointed the principal adviser, lead arranger, and lead manager for the programme, with Maybank Islamic Bhd acting as the shariah adviser.

Source: The Edge Markets February 26, 2026 16:46 UTC