1MDB: Second tranche fully paid to IPIC


PETALING JAYA: 1Malaysia Development Berhad (1MDB) said it has remitted in full the second tranche due on Aug 31 to International Petroleum Investment Company PJSC (IPIC).

"1Malaysia Development Berhad (1MDB)  is pleased to announce that pursuant to the Amendment dated 8 August 2017 to the Settlement Deed with Ministry of Finance Inc Malaysia and International Petroleum Investment Company PJSC (IPIC), 1MDB has remitted to IPIC in full the second tranche due on 31 August 2017.

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