Trading of MEX II's RM1.3b bonds suspended

CIMB Investment Bank Bhd has suspended trading of 14 tranches of securities for highway operator MEX II Sdn Bhd, a subsidiary of Maju Holdings Sdn Bhd.

According to a filing with Bank Negara today, CIMB said it has not received payment of the amounts due on Dec 31 (today) under the outstanding suku murabahah arrangement...