PETALING JAYA: Johor Plantations Group Bhd
(JPG) has raised RM1.35bil from a sukuk issuance under its Sukuk Wakalah Programme.
The proceeds will be used for syariah-compliant purposes, including refinancing its existing and future syariah-compliant borrowings, as well as supporting working capital, investments and capital expenditure, the plantation company stated in its Bursa Malaysia filing.
