PETALING JAYA: Mudajaya Group Bhd’s wholly-owned subsidiary Mudajaya Ventures Ltd (MVL) has redeemed the remaining medium-term notes of US$15mil (RM62.71mil) subscribed by Mulpha International Bhd’s indirect wholly-owned subsidiary, Mulpha Strategic Ltd.
According to the companies’ separate filings with Bursa Malaysia, Mulpha Strategic had on Dec 28, 2016, subscribed for the Series 1 US$60mil (RM250.83mil) 7% notes issued by MVL under its US$200mil (RM836.10mil) euro medium-term note (EMTN) programme.
“MVL had on Dec 27, 2019 and Oct 22, 2021 partially redeemed the notes by an amount of US$20mil (RM83.61mil) and US$25mil (RM104.51mil), respectively, with the remaining notes of US$15mil (RM62.70mil) maturing on Dec 28, 2021,” Mulpha International said.
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