KUALA LUMPUR: Karambunai Corp Bhd is redeeming RM420mil worth of its bonds held by sole bondholder Abrar Discounts Bhd.
The integrated resort and development company signed a settlement agreement with Abrar yesterday that will allow it to fully settle and redeem bonds for RM350mil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!