MARC has withdrawn its ratings of MARC-1IS(fg) /AAAIS(fg) on LBS Bina Group Berhad’s RM135.0 million Islamic Commercial Papers/Islamic Medium-Term Notes (ICP/IMTN) Programme. The ratings withdrawal follows the early redemption of the outstanding notes under the ICP/IMTN programme and the cancellation of the same on February 12, 2015 as confirmed by the facility agent.

Upon the withdrawal of the ratings, MARC will no longer be providing analytical coverage on the issuer.

Contacts:
Joan Leong, +603-2082 2270/ joan@marc.com.my;
Yap Lai Ken, +603-2082 2247/ laiken@marc.com.my.