DanaInfra obtains stamp duty exemption

Business Times, 21 March 2013

DanaInfra Nasional Bhd has obtained the Finance Ministry's approval for the exemption of stamp duty payable for contract notes executed upon trading of DanaInfra Retail Sukuk on Bursa Malaysia Securities.

DanaInfra said the exemption was effective March 7.

"Any contract notes executed prior to the effective date shall be entitled to the exemption provided the contract notes have not been stamped," DanaInfra said in a filing to Bursa Malaysia today.

DanaInfra, wholly-owned by the Minister of Finance, was incorporated with the main objective to undertake funding for infrastructure projects assigned by the government.— Bernama

Web source: http://www.btimes.com.my/Current_News/BTIMES/articles/20130320182549/Article/index_html