Tabung Haji CEO and MD Datuk Seri Zukri Samat. – Bernama
KUALA LUMPUR: A Special Purpose Vehicle (SPV) under the Finance Ministry will take over an estimated RM19.9bil worth of Tabung Haji's (TH) underperforming assets, says its chief executive officer and managing director Datuk Seri Zukri Samat (pic).
He said that in return, "the SPV will issue RM10bil sukuk and RM9.9bil of Islamic Redeemable Convertible Preference Shares".
Already a subscriber? Log in.
Subscribe now for a chance to win your dream holiday!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
