Penang Port Sdn Bhd, founded in 1800 and headquartered in Penang, Malaysia, operates as the principal port authority responsible for managing port facilities and services. The company plays a crucial role in facilitating maritime trade, offering a range of services that include cargo handling, logistics, and container terminal operations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PENPMK 4.68% 2031-12-26 MYRPenang Port Sdn Bhd | Malaysia | 2031-12-26 | 4.680 | 3.76 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Penang Port has issued various bonds to finance port development and expansion projects. Notably, the company commenced its bond issuance program in 2001, with significant issuances aimed at upgrading port infrastructure. Current bond yields remain competitive in the transport sector, reflecting the company's robust revenue stream and strategic initiatives. In 2023, Penang Port announced a new bond issuance aimed at funding a dual-use terminal project, underscoring its commitment to enhancing operational efficiency and capacity.