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US$4.5b rescue of debt-ridden 1MDB may weigh on Abu Dhabi’s IPIC
The US$4.5 billion RM16.9 billion rescue of a struggling Malaysian state fund is good news for the government in Kuala Lumpur but will load Abu Dhabi's International Petroleum Investment Co with extra debt that may worry investors in its bonds. Last month IPIC,an investment company owned by Abu Dhabi's government,…
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Click here to read the full story: The Malay Mail Online