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The government has received the remittance of RM336mil (US$80mil) from Deloitte PLT related to the 1Malaysia Development Bhd (1MDB).
RIYADH: Saudi Aramco is preparing to return to global capital markets with a bond that would help fund a US$75bil (RM308bil) dividend commitment, according to people with knowledge of the plan.
KUALA LUMPUR: Top Glove Corp Bhd, AirAsia X Bhd, Pharmaniaga Bhd, Duopharma Biotech Bhd, Microlink Solutions Bhd and Pertama Digital Bhd are among the stocks to watch, according to JF Apex Research.
S&P Global Ratings has downgraded Serba Dinamik Bhd’s credit rating on reduced funding access and put it on credit watch negative on rising refinancing risks.
Danajamin Nasional Bhd has guaranteed the C Islamic medium-term notes of up to RM170mil by AC First Genesis Bhd (AFGB) which will be used to acquire the Aman Central Mall in Kedah from Great Realty Sdn Bhd.
Bank Pembangunan Malaysia Bhd’s (BPMB) RM1.25bil Sukuk Wakalah received positive response from diversified investors during its book-building exercise.
Pace of buying into Malaysian debt will likely slow after 12 months of strong interest amid downside risks
JAKARTA: PT Garuda Indonesia needs to completely restructure its business, potentially reducing the number of planes it operates to less than half its main fleet as it seeks to survive the crisis wrought by the pandemic, its president told staff this week.