Tuesday, May 17, 2005
MARC has received confirmation from Abrar Discount Berhad as the facility agent for Priceworth Wood Products Berhad’s RM60 million MONI facility that the facility has been fully redeemed and cancelled and all agreements related to the facility has been terminated accordingly. As such, MARC no longer has any rating obligation on the facility and the AID / MARC-2 ID rating is hereby withdrawn.