KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is confident of continuing to meet its debt service obligations with the successful implementation of its ongoing rationalisation plan.
The Finance Ministry-owned fund said while there was a contingent liability on the Government, it expected the rationalisation plan – which includes a debt-for-asset swap, sale of equity in Edra Energy and in Bandar Malaysia – would ensure continuity in meeting the obligations.
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