KUALA LUMPUR (March 17): Bursa Malaysia Bhd said today RHB Bank Bhd was unable to provide market-making quotes for three DanaInfra exchange traded bonds/sukuk (ETBS) since Monday due to system issues.
The three securities are specified as 0400GA-DIN040000223, 0400GB-DIN045801028 and 0400GC-DIN042300721, according to exchange regulator and operator Bursa’s special announcement on its website today.
"The market maker apologises for any inconvenience caused; we will update once the issue has been resolved and they commence their market making activities for the above ETBS again,” Bursa said.
According to Minister of Finance Inc (MOF Inc)-owned DanaInfra Nasional Bhd’s website, the ETBS issued by DanaInfra are guaranteed by the government of Malaysia.
DanaInfra said the establishment of the company was pursuant to the Economic Council’s decision on June 14, 2010 after an in-depth consideration for the need to have an infrastructure financing entity to advise on and undertake funding of the proposed Mass Rapid Transit (MRT) project.
"Consequently, DanaInfra was established on March 3, 2011 as a company wholly-owned by MOF Inc, with the main objective to undertake funding for infrastructure projects mandated by the government,” DanaInfra said.