Press Releases MARC WITHDRAWS RATING ON SERRISA SINAR BERHAD’S RM20.0 MILLION JUNIOR ISLAMIC MEDIUM-TERM NOTES

Tuesday, Aug 26, 2014

MARC has withdrawn its AA-ID/Stable rating on Serrisa Sinar Berhad’s RM20.0 million Junior Islamic Medium-Term Notes (IMTN) Facility (Junior Notes facility).  The rating withdrawal follows the final redemption of the outstanding RM5.0 million under the facility on August 19, 2014 and the cancellation of the facility on August 21, 2014 as confirmed by the facility agent.

Upon the cancellation of the facility, MARC will no longer be providing analytical coverage on the issuer.

Contacts:
Nicola Tan, +603-2082 2262/
nicola@marc.com.my;
Yap Lai Ken, +603-2082 2247 /
laiken@marc.com.my.