Palm oil planter TH Plantation Bhd, a 59.08 percent subsidiary of Malaysia’s national pilgrim fund Tabung Haji, plans to issue a 1.5 billion ringgit ($488.20 million) Islamic bond with a tenure of 15 years.
Hong Leong Islamic Bank Bhd and RHB Investment Bank Bhd were appointed as the joint runners for the Sukuk Murabahah facility, TH said in announcement on Thursday. It said the bond would not be rated…………………………………….Full Article: Source