KUALA LUMPUR (Dec 31): CIMB Investment Bank Bhd, which is the facility agent for highway operator MEX II Sdn Bhd’s RM1.3 billion Islamic bonds or sukuk, said 14 tranches of the securities have been suspended because CIMB has not received payment of the amounts due on Friday (Dec 31) under the outstanding sukuk which was issued under the Murabahah principle.

In a filing with Bank Negara Malaysia’s Fully Automated System for Issuing/Tendering (FAST) website, CIMB said: "Please be informed that we, as the facility agent, have not received payment of the amounts due on Dec 31, 2021 under the outstanding sukuk Murabahah.

"As such, the following stock codes have been suspended:

1. Tranche No 1 (stock code: VI160132) 
2. Tranche No 2 (stock code: VJ160133)  
3. Tranche No 3 (stock code: VK160134) 
4. Tranche No 4 (stock code: VL160145) 
5. Tranche No 5 (stock code: VM160135) 
6. Tranche No 6 (stock code: VN160136) 
7. Tranche No 7 (stock code: VO160137) 
8. Tranche No 8 (stock code: VP160138) 
9. Tranche No 9 (stock code: VQ160139) 
10. Tranche No 10 (stock code: VR160140) 
11. Tranche No 11 (stock code: VS160141) 
12. Tranche No 12 (stock code: VT160142) 
13. Tranche No 13 (stock code: VU160143) 
14. Tranche No 14 (stock code: VV160144)"

More to come