MARC has withdrawn its MARC-2ID/A+ID ratings on Alam Maritim Resources Berhad’s (Alam Maritim) RM100 million Murabahah Commercial Papers/Medium-Term Notes (MCP/MMTN) facility. The withdrawal follows the expiry of the programme on July 25, 2014.

MARC’s analytical coverage on Alam Maritim is now limited to the RM500 million Sukuk Ijarah Medium-Term Notes (MTN) facility, currently rated A+IS with a stable outlook.

Contacts:
Sonia Lim, +603-2082 2267 / sonia@marc.com.my;
Sharidan Salleh, +603-2082 2254/ sharidan@marc.com.my.