KUALA LUMPUR (April 26): International Petroleum Investment Co (IPIC) will honour its obligation as a guarantor to pay the US$50.31 million (RM195.2 million) interest due to 1Malaysia Development Bhd’s (1MDB) bondholders, if the latter defaults.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe