FGV issues first sukuk murabahah

FGV said in a filing with Bursa Malaysia that proceeds raised from the issuance on Dec 31, 2021, have been used to refinance its existing financing or borrowing.

PETALING JAYA: FGV Holdings Bhd made the first issuance of RM500mil nominal value sukuk murabahah pursuant to its sukuk murabahah programme at the end of last year.

FGV said in a filing with Bursa Malaysia that proceeds raised from the issuance on Dec 31, 2021, have been used to refinance its existing financing or borrowing.