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Danajamin Nasional Bhd is teaming up with DBS Bank Ltd and United Overseas Bank Bhd to guarantee RM700mil bonds issued by Quill Retail Malls Sdn Bhd.
KUALA LUMPUR: The government guarantee issued in favour of 1MDB is only at RM5.8bil, Deputy Finance Minister Datuk Ahmad Maslan said on Saturday, pointing out there was no letter guaranteeing more than the amount.
PETALING JAYA: Credit Guarantee Corp Malaysia Bhd (CGC) is expecting its non-performing loans (NPL) to decrease to below 3% in 2015.
AS governments around the world are rushing to guarantee deposits with their financial institutions in the wake of a spreading financial crisis, the question is if Malaysia should follow suit - and when.
KUALA LUMPUR (Bernama): The High Court here was told on Wednesday (July 10) that former Prime Minister Datuk Seri Najib Razak ordered Retirement Fund Incorporated (KWAP) to expedite the issuance of a loan to SRC International Sdn Bhd before the government's guarantee letter was issued.
CAIRO (Reuters) - Abu Dhabi's Crown Prince said on Wednesday the United Arab Emirates is working with Arab countries to guarantee maritime freedom in the region, Emirates news agency (WAM) reported.