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MARC said today that Berjaya Sports Toto Berhad’s (BToto) proposal to transfer BToto’s 100%-equity interest in Sports Toto Malaysia Sdn Bhd (Sports Toto) to a business trust in Singapore will have no immediate impact on Sports Toto’s current rating of AA-/stable on its RM800 million Medium Term Notes (MTN) programme. As of June 18, 2012, the outstanding amount under the MTN programme is RM55...
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