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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.

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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