MARC has withdrawn its rating of AAAIS on Midciti Resources Sdn Bhd’s (Midciti Resources) outstanding RM880 million Islamic Medium Term Notes Programme. The rating withdrawal follows the completion of the novation of the aforementioned programme from Midciti Resources to Midciti Sukuk Berhad (MSB), a wholly-owned special purpose vehicle of KLCC Real Estate Investment Trust (KLCC REIT). The novated programme under MSB has been assigned a rating of AAAIS with a stable outlook, full details of which have been provided in our rating announcement on May 2, 2013.

Contacts:
Nisha Fernandez, +603-2082 2269/ nisha@marc.com.my;
Rajan Paramesran, +603-2082 2233/ rajan@marc.com.my.