MARC has withdrawn its MARC-1ID/AAAID ratings on Gas Malaysia Sdn Bhd’s (Gas Malaysia) RM200 million Al-Murabahah Commercial Papers/Medium Term Notes (CP/MTN) programme following the cancellation of the programme effective September 29, 2011, as confirmed by its facility agent, Bank Muamalat Malaysia Berhad.

MARC’s analytical coverage on Gas Malaysia is now limited to its existing RM500 million Al-Murabahah Medium Term Notes (MTN) programme, which carry the rating of AAAID/stable.

Contacts:
Gary Lim Chun Pin, +603-2082 2243 / cplim@marc.com.my;
Francis Xaviour Joe, +603-2082 2279 / fxjoe@marc.com.my.