Press Releases MARC WITHDRAWS RATINGS ON MURUD CAPITAL’S SENIOR CP/MTN UPON FULL REDEMPTION

Wednesday, Jun 17, 2020

MARC has withdrawn its ratings of MARC-1/AA- on Murud Capital Sdn Bhd’s Senior Commercial Papers/Medium-Term Notes (Senior CP/MTN) programme of up to RM290 million. The rating withdrawal follows the full redemption of the outstanding RM244 million Senior CP and subsequent cancellation of the programme.

Upon the withdrawal, MARC will no longer provide analytical coverage on the issuer.

Contact:
Lim Wooi Loon, +603-2717 2943/ wooiloon@marc.com.my