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MCMC issues fines amounting to RM3 2m to four telcos | Money
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MCMC issues fines amounting to RM3 2mil to four telcos
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KUALA LUMPUR (Feb 3): CIMB Investment Bank Bhd said a nominal value of RM400 million out of Maxis Broadband Sdn Bhd s Islamic bonds worth up to RM10 billion under the Murabahah principle will be cancelled tomorrow (Feb 4) after Maxis Broadband purchased the securities or sukuk on the open market. Please be informed that Maxis Broadband has purchased the sukuk Murabahah detailed below (on) the open market. Pursuant hereto, RM400,000,000.00 nominal value of the said sukuk Murabahah will be cancelled on 4 February 2021 in accordance with clause 8.2 of the trust deed dated 20 July 2016. Stock Code: VJ160443. Nominal value of sukuk Murabahah to be cancelled: RM400,000,000.00, CIMB Investment Bank said in a statement.