PETALING JAYA: Tropicana Corp Bhd
has announced that it has redeemed RM133.2mil under its RM1.5bil Islamic Medium-Term Notes (IMTN) 2020 Sukuk Wakalah Programme, bringing total cumulative payments under the programme to RM1.25bil.
In a statement, the company said this redemption forms part of several initiatives to reduce overall borrowings and strengthen the group’s balance sheet.
