<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 11): RHB Bank Bhd plans to issue up to RM10 billion in senior sukuk murabahah, which will be in multi currencies including the ringgit.</p></div>

<div class=newsTextDataWrapInner><p>The Sukuk Murabahah Programme was lodged with the Securities Commission Malaysia today, RHB said in a filing with Bursa Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>The group said the proceeds raised from the sukuk will be used within RHB Bank's group of companies for its working capital and general banking purposes of Islamic business activity.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>It will also be used for the refinancing and redemption of Islamic financing facilities for Islamic business purposes.</p></div>

<div class=newsTextDataWrapInner><p>Shares in RHB Bank closed seven sen or 1.49% lower at RM4.63 today, valuing the group at RM18.57 billion. Year-to-date, the counter has fallen by 19.9% from RM5.78.</p></div>


RHB Bank Bhd plans to issue up to RM10 billion in senior sukuk murabahah, which will be in multi currencies including the ringgit.

RHB Bank to issue senior sukuk to raise up to RM10b

Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to US$189 billion (RM895.86 billion).

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Communications Minister Fahmi Fadzil on Saturday said the Cabinet has not discussed about a price hike for petrol and diesel yet.

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Hong Kong issued its first red rainstorm warning of the year on Saturday as downpours caused flooding in areas of the territory, shutting roads and disrupting public transportation.

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Indonesia will permanently relocate the entire population of an island in North Sulawesi province because a volcano is threatening their safety.

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The flight instructor and trainee of the Cessna 172 (9M ADA) type training aircraft which crashed in an oil palm plantation in Besout 2 Tambahan plantation, Sungkai near here have been identified as Captain Shahrul Imran Surea, 26, and Ho Jia Lee, 20.

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The Civil Aviation Authority of Malaysia (CAAM) has confirmed that a Cessna 172N Skyhawk aircraft with the registration number 9M-ADA crashed near Felda Gunung Besout, Sungkai, Perak on Saturday.

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The Melaka state government is setting its sights on bolstering its local business landscape by encouraging more companies in the state to be listed on Bursa Malaysia.

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The government is currently studying the proposal from marine robotics company Ocean Infinity to resume the search for Malaysia Airlines Flight MH370, which went missing while en route to Beijing 10 years ago.

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Construction work on the East Coast Rail Link (ECRL) project in Kelantan, Terengganu, Pahang and Selangor has reached an average of 65% as of April, said Transport Minister Anthony Loke.

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A training aircraft crashed in the Besout 2 Tambahan plantation area in Sungkai on Saturday.

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<p>Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to US$189 billion (RM895.86 billion).</p>


<p>The flight instructor and trainee of the Cessna 172 (9M ADA) type training aircraft which crashed in an oil palm plantation in Besout 2 Tambahan plantation, Sungkai near here have been identified as Captain Shahrul Imran Surea, 26, and Ho Jia Lee, 20.</p>


<p>Communications Minister Fahmi Fadzil on Saturday said the Cabinet has not discussed about a price hike for petrol and diesel yet.</p>


<p>Hong Kong issued its first red rainstorm warning of the year on Saturday as downpours caused flooding in areas of the territory, shutting roads and disrupting public transportation.</p>
