MARC WITHDRAWS RUN HOLDING SPV BHD’S DEBT RATING UPON FULL REDEMPTION OF OUTSTANDING NOTES UNDER RM500 MILLION CP/MTN PROGRAMME

Apr 3, 2012 -

MARC has withdrawn its MARC-4/BB+ ratings on RUN Holding SPV Bhd’s (RUNH) RM500.0 million Commercial Papers/Medium Term Notes (CP/MTN) Programme with immediate effect. The ratings withdrawal follows the full redemption of outstanding RM120 million on November 25, 2011 and cancellation of the facility, as confirmed by the security agent, UOB (Malaysia) Berhad.

Contacts:
David Lee, +603-2082 2255/ david@marc.com.my;
Sandeep Bhattacharya, +603-2082 2247/ sandeep@marc.com.my.