Johor Plantations issues RM200mil sustainability sukuk wakalah-IMTN


KUALA LUMPUR: Johor Plantations Group Bhd (JPG) has issued Series 2 Sukuk Wakalah-Islamic Medium Term Notes Programme (IMTN), its inaugural Sustainability Sukuk Wakalah-IMTN, in aggregate of RM200 million in nominal value under the IMTN programme.

In a statement, it said the 10-year sukuk, maturing on Aug 15, 2035, offers a periodic distribution rate of 3.70 per cent per annum.

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sukuk , Johor Plantations , corporate , palm oil

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