MARC has withdrawn its rating of A-ID on OSK Property Holdings Bhd’s RM50 million Class B Serial Bai-Bithaman Ajil Islamic Debt Securities (Class B BaIDS) with immediate effect. The rating withdrawal follows the final redemption of its outstanding RM17.5 million on the Class B BaIDS on April 6, 2010 and cancellation of the facility, as confirmed by its facility agent, OSK Investment Bank Berhad.

Contacts:
Benjamin Yab, 03-2090 2270/ benjaminyab@marc.com.my;
Rajan Paramesran, 03-2090 2233/ rajan@marc.com.my