KUALA LUMPUR: Bonds issued by Kuala Dimensi Sdn Bhd (KDSB) through Special Port Vehicle Bhd (SPVB) had met all the legal requirements, and received the approval of the Securities Commission Malaysia (SC), the High Court was told.
Testifying in the trial of former Transport Minister Tun Dr Ling Liong Sik, who is facing charges over the Port Klang Free Zone (PKFZ) issue, former Malaysian International Merchant Bankers Bhd (MIMB) senior vice-president Ismadi Isenin agreed that the MIMB had found the bonds “commercially viable”.
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