Labuan, Malaysia, was designated as an international financial centre in 1990. As part of its development, an international financial exchange, Labuan International Financial Exchange (LFX), was launched on 23 November 2000.
Labuan International Financial Exchange Inc., a company limited by shares, was incorporated under the Labuan Companies Act 1990 (LCA) with an authorised and paid-up capital of USD$10 million and USD$5.5 million respectively.
SBB Capital Corporation : USD 200 million 6.62% Non-Cumulative Guaranteed Preference Shares ("Preference Shares") having the benefit of a subordinated guarantee of CIMB Bank Berhad
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.
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 .....
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 .....