MARC has withdrawn its rating of MARC-2ID/AID on Glomac Berhad’s (Glomac) RM25 million Murabahah Notes Issuance Facility/Islamic Medium Term Facilities (MUNIF/IMTN). The rating withdrawal follows the final redemption of Glomac’s outstanding amount and early cancellation of the facility on July 30, 2010, as confirmed by its facility agent, MIDF Amanah Investment Bank Berhad.

Contacts:
Nisha Fernandez, 03-2090 2269/ nisha@marc.com.my
Rajan Paramesran, 03-2090 2233/ rajan@marc.com.my