MARC has withdrawn its rating of AAIS on Alloy Properties Sdn Bhd’s (APSB) RM240 million Sukuk Musyarakah Medium Term Notes Programme. The rating withdrawal follows the early redemption and subsequent cancellation of the Sukuk Musyarakah Programme on July 18, 2014 as confirmed by the facility agent.

Upon the withdrawal of the rating, MARC will no longer be providing analytical coverage on the issuer.

Contacts:
Koh Shu Yunn, +603-2082 2243/ shuyunn@marc.com.my;
David Lee, +603-2082 2255/ david@marc.com.my.