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Cagamas raises RM3 2b equivalent of foreign currency, ringgit bonds in single month

Cagamas raises RM3 2b equivalent of foreign currency, ringgit bonds in single month
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Cagamas concludes issuances of RM499mln equivalent from both domestic and international markets

Global Vision issues RM1 5b sukuk programme to fund logistics hub in Shah Alam

KUALA LUMPUR (March 7): Global Vision Logistics (GVL) has announced the establishment of a maiden RM1.5 billion Asean green sustainable and responsible investment (SRI) sukuk programme, to fund the development of the Shah Alam International Logistics Hub (SAILH). The sukuk programme was established under the shariah principle of murabahah (via a tawarruq arrangement), and based on the Securities Commission Malaysia’s SRI sukuk framework and the Asean capital markets forum’s Asean green bond standards.

Najib and Arul Kanda acquitted

KUALA LUMPUR: Datuk Seri Najib Razak was acquitted by the High Court of a power abuse charge over the tampering of the 1Malaysia Development Bhd (1MDB) audit report after the High Court found no causal link between the amendments he had ordered and the alleged gratification.

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