KUALA LUMPUR: TH Plantations Bhd has issued another RM370mil of sukuk murabahah under the RM1bil sukuk murabahah programme to its holding company, Lembaga Tabung Haji.
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2013/2/26/business/12760994&sec=business
Published: February 26, 2013
The tenure of the sukuk issuance ranges from six to 10 years, with profit rates of between 5.39% and 5.88% per year.
“The net proceeds raised from the issuance of the sukuk murabahah will be utilised to finance the capital expenditure requirements of the company,” it said in a filing to the stock exchange yesterday.
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