Friday 29 Mar 2024
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KUALA LUMPUR (Nov 6): 1Malaysia Development Bhd (1MDB) said it has redeemed over RM4 billion from its investments in Segregated Portfolio Companies registered in the Cayman Islands since the end of the financial year in March 2014 (FY14), with the balance expected to be fully redeemed by November 2014.

In a statement, 1MDB also said that a dividend of RM435 million from these investments has also been received subsequent to FY14 and will be accounted for in the next financial year ending March 2015.

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