MARC Ratings has withdrawn its rating of C_IS on Talam Transform Berhad’s (Talam) RM134.2 million Settlement Bithaman Ajil Islamic Debt Securities (Settlement BaIDS). The rating withdrawal follows the full redemption of the outstanding RM18 million under the Settlement BaIDS as announced on the BNM FAST website.

Upon the redemption, MARC Ratings will no longer provide analytical coverage on Talam. 

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

Taufiq Kamal, +603-2717 2951/ taufiq@marc.com.my