MARC has issued a clarification notice pertaining its October 22, 2012 rating announcement of Senari Synergy Sdn Bhd’s (Senari Synergy) RM380.0 million Islamic Medium-Term Notes (IMTN) Programme. The last sentence of the last paragraph of the rating announcement should have read as follows:

“Any changes in the supported ratings or rating outlook would be primarily driven by changes in Danajamin’s credit strength and/or Danajamin’s withdrawal of support for Senari Synergy’s debt obligations, which is not foreseeable given the unconditional and irrevocable guarantee provided by Danajamin on the sukuk obligations.”

Contacts:
Ng Chun Kean, +603-2082 2230/ chunkean@marc.com.my;
Jason Kok, +603-2082 2258/ jason@marc.com.my;
David Lee, +603-2082 2255/ david@marc.com.my.