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PETALING JAYA: FGV Holdings Bhd made the first issuance of RM500mil nominal value sukuk murabahah pursuant to its sukuk murabahah programme at the end of last year.
KUALA LUMPUR: FGV Holdings Bhd has made the first issuance of RM500 million nominal value Sukuk Murabahah pursuant to the Sukuk Murabahah Programme on Dec 31, 2021.
THANKS to last-minute bargain hunting, the Malaysian stock market ended the final trading day of 2021 sharply higher, a reversal from the weakness seen in the previous session. However, it still made a loss for the entire year.
TEMERLOH: The Pahang Islamic Religious Department (JAIP) will provide free replacement of marriage, divorce and reconciliation certificates belonging to flood victims, involving an allocation of RM200,000, says Menteri Besar Datuk Seri Wan Rosdy Wan Ismail.
Company plans to raise RM500mil through murabahah initiative
KUALA LUMPUR: FGV Holdings Bhd has lodged with the Securities Commission Malaysia (SC) for the proposed establishment of an unrated Islamic medium term notes programme (Sukuk Murabahah) of up to RM500 million.
DESPITE making a strong comeback in its earnings for the third quarter of the financial year 2021 (Q3’21), the looming risk of FGV Holdings Bhd being delisted in 2022 continues to affect analysts’ rating on the stock.