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In June 2013 IBank announced plans for a capital increase of THB7.11 billion (US$217.33 million) and the issuance of a THB5 billion (US$152.83 million) Sukuk, which would be the country first, to aid the bank capital raising plans. IBank previously stated plans for a Sukuk included the naming of CIMB Bank Malaysia as the arranging bank, with investors in Hong Kong and Malaysia targeted for the proposed five year issuance. However, no issuance has yet been forthcoming..
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