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Luminor SPV 1 issues 900,000 redeemable preference shares at RM 1 each
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Luminor SPV 1 issues 900,000 redeemable preference shares at RM 1 each
  • Luminor’s indirect unit Luminor SPV 1 issued 900,000 redeemable preference shares on Aug. 5 under its 2026 programme.
  • Issue price RM 1 per share; maturity Aug. 5, 2028; proceeds earmarked for working capital to support SAPM’s Malaysia financial solutions expansion.
  • Dividend set at Bank Negara Malaysia overnight policy rate on issue date + 5.25%, paid biannually in arrears, subject to distributable profits.
  • Redemption at maturity at RM 1 per share plus any accrued dividend; early redemption possible under set conditions with 50% of accrued dividend.
  • Advances to SAPM secured by receivables assignments; TMF Trustees Malaysia appointed security and share trustee.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Luminor Financial Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: MCFT72ACZ6VX7SRI) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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