Mudajaya Ventures fully redeems RM251mil notes

According to the companies’ separate filings with Bursa Malaysia, Mulpha Strategic had on Dec 28, 2016, subscribed for the Series 1 US$60mil (RM250.83mil) 7% notes issued by MVL under its US$200mil (RM836.10mil) euro medium-term note (EMTN) programme.

PETALING JAYA: Mudajaya Group Bhd’s wholly-owned subsidiary Mudajaya Ventures Ltd (MVL) has redeemed the remaining medium-term notes of US$15mil (RM62.71mil) subscribed by Mulpha International Bhd’s indirect wholly-owned subsidiary, Mulpha Strategic Ltd.

According to the companies’ separate filings with Bursa Malaysia, Mulpha Strategic had on Dec 28, 2016, subscribed for the Series 1 US$60mil (RM250.83mil) 7% notes issued by MVL under its US$200mil (RM836.10mil) euro medium-term note (EMTN) programme.