4th. April 2012
Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc) wishes to announce the appointment of Mr. Danial Mah Abdullah as the ActingChief Executive Officer of the LIBFC Inc with effect from 19 March 2012. Mr. Danial succeeds Mr. David Kinloch, whose contract had expired on 18thFebruary 2012.
29th. November, 2010
Labuan International Financial Exchange (LFX) today announced that it has revised the entry level for a licensed Listing Sponsor of LFX from the existing Minimum Net Assets of USD2 million to USD100,000.
The revision is aimed to attract greater participation of issuers to LFX. It is envisaged that the revision will encourage more entities .....
14th. August, 2009
Bursa Malaysia welcomes double ‘firsts’ of the listings of its inaugural Islamic securities, also known as sukuk together with the conventional debt securities/bond by Petroliam Nasional Berhad (PETRONAS) and Cagamas MBS Berhad (Cagamas MBS). Both companies are listing their sukuk and conventional bonds on the Exchange today.
PETRONAS, via its special purpose vehicles, is listing its USD1.5 billion sukuk .....
14th. March, 2008.
Labuan international Financial Exchange Inc. (LFX), listed the 3rd Exchangeable Sukuk by Khazanah Nasional Berhad. The USD550 million exchangeable trust certificates were issued via its Labuan incorporated special purpose vehicle, Paka Capital Ltd.
The sukuk, due in 2013, is exchangeable into ordinary shares of Parkson Retail Group Limited (“Parkson”), The sukuk, due in 2013, is exchangeable into ordinary shares of Parkson ......