MARC has assigned a final rating of AA-_IS to Sinar Kamiri Sdn Bhd’s (SKSB) Green SRI Sukuk Wakalah of up to RM245.0 million. The outlook on the rating is stable.

Upon review of the final documentation of the issuance, MARC is satisfied that the terms and conditions of the Green SRI Sukuk Wakalah have not changed in any material way from the draft documentation on which the earlier preliminary rating of AA-_IS /Stable was based.

For full details of the assigned rating, please see SKSB’s preliminary rating announcement on November 14, 2017. The complete analysis is provided in the Credit Analysis Report which is available on MARC’s website at www.marconline.com.my.

Contacts:
Wan Abdul Muiz Wan Abdul Ghafar, +603-2717 2939/ muiz@marc.com.my;
Yap Lai Ken, +603-2717 2947/ laiken@marc.com.my.