First Resources completes its RM600mil sukuk issuance


KUALA LUMPUR: First Resources Limited has completed its third ringgit-dominated sukuk issuance of RM600mil under its Sukuk Musharakah Programme of up to RM2bil.

The sukuk has a tenor of seven years and will mature on June 5, 2020 and proceeds will be used for general corporate purposes which are in compliance with shariah principles.

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