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JCorp to raise up to RM3.5b via Islamic bonds
7 Mar 2022 | Monday source : The Edge Markets
Johor Corp (JCorp) plans to issue up to RM3.5 billion worth of Islamic bonds or sukuk under the Wakalah principle, according to the Johor state investment arm's lodgement with the Securities Commission Malaysia (SC).
According to the SC filing, the lodgement date of JCorp's proposed RM3.5 billion worth of Islamic bonds was on Wednesday (March 2) while the lodgement expiry date falls on July 15, 2022.
