MARC Ratings has withdrawn its rating of AA_IS/Stable on BEWG (M) Sdn Bhd’s RM400.0 million Islamic Medium-Term Notes Programme (Sukuk Wakalah). The outstanding under the facility was settled in full on September 14, 2023. The facility was subsequently cancelled on September 15, 2023, as confirmed by the facility agent, ahead of its maturity on July 18, 2025. Accordingly, MARC Ratings will no longer provide analytical coverage for BEWG.

Tan Weng Kit, +603-2717 2961/ wengkit@marc.com.my 

Hafiza Abdul Rashid, +603-2717 2955/ hafiza@marc.com.my