Projek Lintasan Sungai Besi-Ulu Klang Sdn Bhd, established in Kuala Lumpur, Malaysia, is a prominent infrastructure company focused on the development and management of transportation projects. The company’s primary purpose is to enhance connectivity through the construction and operation of road and rail networks.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PRLNTA 6.18% 2027-11-26 MYRProjek Lintasan Sungai Besi-Ulu Klang Sdn Bhd | Malaysia | 2027-11-26 | 6.180 | 4.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Projek Lintasan has actively engaged in bond issuances to finance its infrastructure projects, beginning with its first offering in 2010. Notably, in 2021, the company issued a RM500 million sukuk with a competitive yield of 4.5%, which was well-received in the market, signaling strong investor confidence in its projects. The sukuk featured callable options that provide flexibility for the issuer, and recent reports indicate robust performance, outpacing industry averages in yield, further enhancing the company's financial position.