Press Releases MARC RATINGS WITHDRAWS RATING ON GDC PUTRAJAYA’S ISLAMIC DEBT SECURITIES ON FULL REDEMPTION

Wednesday, Dec 07, 2022

MARC Ratings has withdrawn its rating of AAAIS/Stable on Gas District Cooling (Putrajaya) Sdn Bhd’s (GDC Putrajaya) RM300.0 million Al-Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS) following the full settlement of the final tranche of the BaIDS (Tranche 6 of RM50.0 million) on December 2, 2022.  Accordingly, MARC Ratings will no longer provide analytical coverage on GDC Putrajaya. 

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