PETALING JAYA: George Kent (M) Bhd
has redeemed RM132mil of its sukuk under its sukuk wakalah programme on the scheduled maturity date.
In a statement, George Kent said the redemption was carried out in accordance with the terms and conditions of the programme and on its scheduled maturity date.
The sukuk was redeemed using the company’s internal funds, reflecting George Kent’s strong cash flow position and prudent financial management.
“This successful redemption demonstrates our solid financial standing and commitment to meeting obligations while maintaining capital strength for ongoing operations and future growth,” the company said.
George Kent added that it would continue to actively manage its capital structure to ensure long-term financial resilience and sustainability.
