KUALA LUMPUR: TH Plantations Bhd’s special purpose vehicle, THP Suria Mekar Sdn Bhd (TSM) has completed the lodgement of a sukuk Wakalah programme of up to RM1.08bil in nominal value with the Securities Commission.
In a filing with Bursa Malaysia, it said The sukuk Wakalah programme allows for the issuance of senior Islamic medium term notes and subordinated perpetual Islamic notes based on the Shariah principle of Wakalah Bi Al-Istithmar to be guaranteed by TH Plantations.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
