From left: Hassan, Zukri and BIMB Securities Bhd CEO Rashid Ismail at the briefing.
KUALA LUMPUR: Syarikat Takaful Malaysia Bhd, a subsidiary of BIMB Holdings Bhd
, says it has a “small” exposure to 1Malaysia Development Bhd’s (1MDB) Islamic debt papers.
Takaful Malaysia group managing director Datuk Seri Mohamed Hassan Kamil said the sukuk was bought in 2009 and was worth RM85mil with a coupon rate of 5.25%.
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