The Edge Malaysia·3 min read·hard
Amanah Raya unit sues Serba Dinamik, 12 others over RM100 mil investment loss
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AmanahRaya Investment Management has filed a lawsuit against Serba Dinamik and 12 other parties to recover a RM100 million investment loss. The legal action follows the company's default on Islamic Commercial Papers issued in 2021.
BURSA SGX Home Highlight Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (Aug 5): Amanah Raya Bhd’s asset management unit, AmanahRaya Investment Management Sdn Bhd (ARIM), has filed a lawsuit against Serba Dinamik Holdings Bhd, now under liquidation, and 12 other parties over its RM100 million investment in Islamic Commercial Papers (ICPs) issued in May 2021.
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