FGV proposes to issue up to RM500mil sukuk Murabahah


KUALA LUMPUR: FGV Holdings Bhd has lodged with the Securities Commission Malaysia (SC) for the proposed establishment of an unrated Islamic medium term notes programme (Sukuk Murabahah) of up to RM500 million.

In a filing to Bursa Malaysia today, the company said it had obtained the endorsement of the SC’s Shariah Advisory Council on December 10 for the sukuk programme and lodgement with the SC was made on December 20.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

 FGV , Sukuk Murabahah Programme , SC , Lodgement

   

Next In Business News

Falling property prices - a boon for buyers
Grey neighbourhoods: fit for the ageing
Ringgit seen holding steady against US dollar next week
Oil posts biggest weekly gains in over a year
Dow ends at record high on easing economic worries
It’s looking up for the ringgit
Finding value in rare prints
E-scooters charging up daily commutes
Chip sector in growth phase
Navigating global market landscape

Others Also Read