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Cagamas concludes RM1.5b bond issuance

Cagamas president and chief executive officer (CEO) Datuk Chung Chee Leong said the RM700 million issuance was concluded via private placement, while the second tranche of RM800 million was conducted via a book-building exercise, which was upsized to RM800 million from an initial size of RM500 million.

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