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Pasdec redeems remaining series 2 rainbow exchangeable bonds
By Marisa Wong
Madison, Wis., Feb. 22 - Pasdec Holdings Bhd. said that it redeemed the outstanding RM 4 million of its series 2 rainbow exchangeable bonds on Feb. 20.
Following the latest redemption, the original RM 150 million of exchangeable bonds proposed in January 2006 and issued in November 2006 has been fully settled.
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