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JB Foods Announces Fourth Tranche of Sukuk Programme

JB Foods Announces Fourth Tranche of Sukuk Programme

JB Foods Ltd. (SG:BEW) has released an update.

Confident Investing Starts Here:

JB Foods Ltd. is set to issue the fourth tranche of its Sukuk Wakalah Programme, valued at RM 145 million, on November 13, 2024. The funds will support Shariah-compliant initiatives, including capital expenditures and refinancing. This move is advised by AmInvestment Bank Berhad, with AmBank Islamic Berhad as the Shariah adviser.

For further insights into SG:BEW stock, check out TipRanks’ Stock Analysis page.

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