MARC has received confirmation from Standard Chartered Bank Malaysia Berhad as the facility agent for Ranhill Berhad (“Ranhill”), that the partially underwritten RM300.0 million Murabahah Commercial Papers (“MCP”) / Murabahah Medium-Term Notes (“MMTN”) Programme has been redeemed and refinanced through an issuance of USD220 million nominal value Guaranteed Notes by Ranhill (L) Limited (a wholly-owned subsidiary of Ranhill) and the MCP/MMTN Programme has been cancelled. As such, MARC no longer has any rating obligation on the facility and the MARC-1ID/A+ID ratings are hereby withdrawn.