MARC has withdrawn its rating of
AAAIS on Midciti Resources Sdn Bhd's (Midciti Resources) outstanding RM880
million Islamic Medium Term Notes Programme. The rating withdrawal follows the
completion of the novation of the aforementioned programme from Midciti
Resources to Midciti Sukuk Berhad (MSB), a wholly-owned special purpose vehicle
of KLCC Real Estate Investment Trust (KLCC REIT). The novated programme under
MSB has been assigned a rating of AAAIS with a stable outlook, full details of
which have been provided in our rating announcement on May 2, 2013.
Contacts: Nisha Fernandez,
+603-2082 2269/ nisha@marc.com.my; Rajan
Paramesran +603-2082 2233/ rajan@marc.com.my.
May 6, 2013
[This announcement is available
in the MARC corporate homepage at http://www.marc.com.my]
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