MARC has withdrawn its MARC-1IS rating on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100.0 million Sukuk Ijarah Commercial Papers. The rating withdrawal follows the full redemption and cancellation of the programme as confirmed by the facility agent on September 21, 2016.

  

Upon the withdrawal of the rating, MARC’s analytical coverage on TSH Ijarah is now limited to its RM300.0 million Sukuk Ijarah Medium-Term Notes.