Tropicana redeems Islamic bond


PETALING JAYA: Tropicana Corp Bhd has redeemed the third tranche of the Sukuk Wakalah Programme worth RM110mil, which was due on June 7, 2024.

The company said it had successfully redeemed its first tranche of RM465.5mil on June 30, 2023 and its second tranche of RM179mil on Oct 6, 2023, under the programme.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Jinhua – a trading hub without borders
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Smart city can’t beat the traffic
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read