Islamic Redeemable Preference Shares (RPS-i) and Redeemable Preference Shares (RPS)
Qew Group Berhad's Islamic Redeemable Preference Shares (RPS-i) and Redeemable Preference Shares (RPS) have garnered significant media attention. Rooted in robust partnerships with shareholders and stakeholders, our company's accomplishments are underpinned by these alliances, providing invaluable resources and support to navigate complex markets and pursue ambitious goals. With an unwavering dedication to performance, a track record of success, and disciplined corporate strategies, Qew Group Berhad has enhanced access to growth prospects within both the business and corporate sectors.
With a commitment to excellence and a forward-thinking approach, Qew Group Berhad is poised to lead the way towards a brighter, bolder, and more compassionate future. In April 2021, we demonstrated our dedication to innovation and regulatory compliance by submitting the Information Memorandum (IM) to the Securities Commission Malaysia (SC) in accordance with Section 229 and Section 230 of the Capital Markets and Services Act 2007.
The total proposed issuance for these investment instruments are as follows:
RPS: RM200 million
RPS-i: RM500 million.
Islamic Redeemable Preference Shares are a Sharia-compliant financial instrument that conforms to Islamic finance principles. These shares denote ownership in a corporation but do not entail voting privileges. They hold precedence over ordinary shares concerning dividend disbursements and liquidation proceeds. The "redeemable" attribute grants the issuing entity the prerogative to repurchase these shares from investors at a predetermined price following a specified duration. This feature affords flexibility to the issuer while furnishing investors with a means of yielding returns on their investments.