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KUALA LUMPUR: The government has received RM1.8bil from AMMB Holdings Bhd, the first payment representing the partial settlement related to 1Malaysia Development Bhd (1MDB).
KUALA LUMPUR: The government has received RM1.80bil from AMMB Holdings Bhd which is the first payment representing the partial settlement related to 1Malaysia Development Bhd (1MDB).
JAKARTA (Reuters) - National flag carrier Garuda Indonesia will seek a suspension of debt payments to creditors and lessors under a 'standstill agreement' in order to avoid bankruptcy, a senior government official said on Thursday.
The government has received the remittance of RM336mil (US$80mil) from Deloitte PLT related to the 1Malaysia Development Bhd (1MDB).
PETALING JAYA: The US Department of Justice (DOJ) has remitted RM1.9bil in seized 1Malaysia Development Berhad (1MDB) funds to the government, says the Finance Ministry.
KUALA LUMPUR: Cagamas Bhd has launched bonds and sukuk with aggregate issuances of RM710mil to fund the purchase of house financing, housing loans and industrial hire purchases from the financial system.
PETALING JAYA: Malaysia Rating Corp Bhd (MARC) has affirmed Tenaga Nasional Bhd’s (TNB) issuer rating of AAA and sukuk rating of AAAIS on the utility group’s B’s RM2bil Al-Bai’ Bithaman Ajil Islamic Financing Bonds (sukuk)
KUALA LUMPUR: The national mortgage corporation Cagamas Bhd has announced a RM2bil combined issuances of bonds and sukuk.
KUALA LUMPUR: The government should set a ceiling on its debt guarantees by taking into account its financial standings, says Auditor-General Datuk Nik Azman Nik Abdul Majid.
KUALA LUMPUR: Malaysia’s bonds and sukuk remain attractive for investors looking for value, says Bond Pricing Agency Malaysia (BPAM).