KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) denied what it referred to as an unproven allegation that its binding agreement with Abu Dhabi's International Petroleum Investment Company (IPIC) is 'as good as off' as reported by the Singapore Business Times (BT).
1MDB said it remain engaged in discussions with IPIC to conclude the transaction per the terms as officially announced by IPIC to the London Stock Exchange on June 10.
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