IN

INSTACOM SPV SDN. BHD.

Business & Finance (19 years old)

General Information

Official company information

Active
Registration Number (Old Format)
0706690A
Registration Number (New Format)
200501024557
Company Type
Local Company
Established Date
Company Age
19 years (Est. 2005)
State
SARAWAK
Email
N/A

About INSTACOM SPV SDN. BHD.

Company profile and description

INSTACOM SPV SDN. BHD. is a Active Unknown based in Malaysia that operates in the Business & Finance sector. With registration number 200501024557, the company was incorporated on 17 August 2005 (19 years and 8 months ago). As a registered entity with the Companies Commission of Malaysia (SSM), INSTACOM SPV SDN. BHD. is committed to providing quality products and services in the Business & Finance industry.

Additional Information

INSTACOM SPV SDN BHD was established to facilitate the issuance of notes under the MMTN Programme on behalf of Instacom Engineering Sdn Bhd (IESB), a telecommunication tower (telco tower) contractor. Proceeds from the issuance of notes are used to finance the purchase of completed works. ISPV receives payments from the monthly rental stream from the three domestic mobile operators for the usage of telco towers and construction receivables in respect of completed works. ISPV has fully redeemed the entire RM200 million nominal value Murabahah Medium Term Notes (MMTN) which were issued in January 2006. Following the redemption, the company no longer has any outstanding MMTN, hence the MMTN programme had been cancelled effective Oct 31, 2014. INSTACOM SPV SDN. BHD. was incorporated on 2005-08-17 in Malaysia.

Category

Business category and classification details

Primary Category
Business & Finance
Description
Organizations providing commercial, financial, consulting, marketing, and administrative services primarily to other businesses.
Business Activity
1. TO UNDERTAKE, CARRY OUT & ACQUIRE PROJECTS AND OBLIGATIONS AS SPECIFIED IN THE MEMORANDUM OF ASSOCIATION. 2.THE COMPANY HAS BEEN INCORPORATED AS THE FUNDING VEHICLE FOR THE PURPOSE OF ISSUANCE OF ISLAMIC MEDIUM TERMS NOTES ("IMTNS") IN ACCORDANCE TO THE SYARIAH PRINCIPLE OF MURABAHAH.

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