1MDB: Second tranche fully paid to IPIC


  • Nation
  • Wednesday, 30 Aug 2017

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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Nation

Company manager loses over RM400,000 to non-existent investment scam
HR Ministry takes recruitment firm to court over RM1mil back pay for 733 foreign workers
Man charged with distributing drugs in Ipoh
Floods: Over 280 evacuated in Kedah, Perak
AG’s Chambers rejects Sanusi’s representation to dismiss sedition charges
Ulu Tiram police station attack: Two cops and assailant dead
Three-vehicle pile-up causes 13km traffic crawl on NSE
Malaysia, Kazakhstan ready to strengthen ties, explore new cooperation opportunities
German tourist drowns while swimming in Pulau Perhentian
Tour guides going the extra mile

Others Also Read