THP issues RM200mil in sukuk

TH Plantations Bhd (THP) has made a sukuk murabahah programme worth up to RM1bil in nominal value. The establishment is made together with the Pilgrimage Fund Board. THP made known to Bursa Malaysia that RM200mil of sukuk have been issued as part of the programme. The tenure of the sukuk is up to 15 years with a maturity date Oct 29, 2027.

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