14 Sept

Danajamin Guarantees Riverson RM200 million bond issuance for integrated medical centre development project in Kota Kinabalu


Danajamin Nasional Berhad (“Danajamin”) sealed the agreement with Riverson Corporation Sdn Bhd (“Riverson”) to guarantee the latter’s RM200million five-year Private Debt Securities programme on 2nd August 2011. The bond programme has been rated AAA(fg) by Malaysian Rating Corporation Berhad (“MARC”).


The auspicious signing ceremony was witnessed by the Guest of Honour, The Right Honorable Chief Minister of Sabah, Datuk Seri Panglima Musa Haji Aman, accompanied by Dato’ Sri Abdul Hamidy Hafiz, Chairman of Danajamin and Mr Raymond Choong Yee How, Presiden & CEO of Hong Leong Financial Group. The agreement was signed by Riverson’s Managing Director, Mr Ben Kong and Executive Director, Mr Beto Patrick, while Danajamin was represented by its Chief Executive Officer, Encik Ahmad Zulqarnain Onn. Hong Leong Investment Bank is the lead arranger for the bond programme.


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