Archive for July, 2007
Another common term used in debt financing is the “escrow”. Here it relates to cash, securities or other valuable instruments that are held by a third party to ensure that the obligations under a contract are discharged. By doing so, the third party’s risk is being mitigated. This is commonly used in infrastructure projects like […]
Note Issuance Facility (NIF)
0 CommentsNote Issuance facility is merely a method of financing that involves repeat issues of a short term debt instrument to the most competitive bidder through auctions.
When combined with a Revolving Underwriting Facility (RUF i.e. an underwriting facility which is extended in every round of fund-raising), the issue will devolve on the underwriter, if the […]
In debt financing, we often hear the term “hypothecation of xx”.
Hypothecation simply refers to the pledging of assets as security for the funds borrowed.
A typical example is the bank lending working capital which involves a hypothecation of INVENTORIES and BOOK DEBTS. In this case, the current assets still remain with the borrower but in case […]
Managing director Datuk Ahmad Rodzi Pawanteh of Amanah Raya Group on its Reit:
Amanah Raya signed a memorandum of understanding (MoU) with the Gapura Prima Group of Indonesia to set up a US$250mil regional real estate investment trust (REIT) targeted for listing on the Singapore Stock Exchange by year-end.
The focus will be on the retail and […]
Quill Capita buys two properties for RM215mil
2 CommentsChief executive officer Chan Say Cheong of Quill Capita Management Sdn Bhd (QCM), the manager of Quill Capita Trust (QCT) - a commercial real estate investment trust (REIT) listed on Bursa Malaysia which presently owned the properties under QCT four buildings in Cyberjaya announced that:
QCM has targeted to complete the following acquisition of the two […]
