MARC has withdrawn its ratings of MARC-1/AAA, MARC-1/AA and MARC-1/A on the RM87 million Class A, RM16 million Class B and RM15 million Class C notes respectively, under Gandalf Capital Sdn Bhd’s RM118 million Commercial Papers/Medium Term Notes Programme with immediate effect. The rating withdrawal follows the full redemption of outstanding notes under the programme on November 30, 2011 and the cancellation of the programme as confirmed by the programme’s trustee.

Contacts:
Ruben Khoo Sheng Luen, +603-2082 2265/ rubenkhoo@marc.com.my;
Sandeep Bhattacharya, +603-2082 2247/ sandeep@marc.com.my.