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MALAYSIA Airlines (MAS) announced that it had issued the entire first tranche of the junior sukuk amounting to RM1bil to Retirement Fund Inc (KWAP). According to media reports, MAS stated that it had received firm commitment from other parties to subscribe to the balance of RM1.5bil of junior sukuk.
KUALA LUMPUR: Malaysia’s economy is expected to expand moderately in 2017, driven by domestic consumption, mega infrastructure projects and foreign direct investments (FDI), said UOB Malaysia Research & Investor Relations senior vice president Julia Goh.