PETALING JAYA: FGV Holdings Bhd
is planning to raise RM500mil through the sukuk murabahah programme that will be used to refinance its borrowings.
In a filing with Bursa Malaysia yesterday, the world’s largest crude palm oil producer said the sukuk will have a tenure of eight years, while each individual issue of sukuk under the programme will have a tenure of one to eight years.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
