PETALING JAYA: CIMB Research is bullish on SD Guthrie Bhd
’s refinancing of its perpetual sukuk with a sustainability-linked sukuk at a lower cost, as it says this could boost the plantation company’s financial year 2026 (FY26) net profit.
The research house added that it views positively SD Guthrie’s move to refinance its perpetual sukuk with a sustainability-linked sukuk at a lower cost of 3.8% to 3.97% versus 5.65% currently, which could lift FY26 net profit by 2.3% or RM42mil on a full-year basis.
