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Felda in talks with Finance Ministry over RM2.5b sukuk to finance loan restructuring | Malay Mail

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Felda in talks with Finance Ministry over RM2.5b sukuk to finance loan restructuring

Thursday, 16 Jul 2020 02:00 PM MYT

KUALA LUMPUR, July 16 — Felda is in discussions with the Finance Ministry over the issuance of a government-guaranteed sukuk to finance the restructuring of its loans worth RM2.

The task force is expected to present its findings in August 2020, he said in reply to Datuk Jalaluddin Haji Alias , who wanted to know the status of implementation of the findings in the Felda White Paper as of the second quarter of 2020.

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Felda in talks with Finance Ministry on RM2.5 billion sukuk | The Malaysian InsightThe government-guaranteed sukuk is to finance the restructuring of its loans.
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