Sunday, February 1, 2015

Malaysia’s 1MDB Delays Loan Payment Again

KUALA LUMPUR—Malaysian state-owned investment firm 1Malaysia Development Bhd. missed another deadline to repay a $550 million loan over the weekend, although people familiar with the matter say it is edging closer to sealing a financing arrangement with local tycoon Ananda Krishnan to help pay off the debt.

Source : WSJ