MARC has withdrawn its AA-IS rating on Jimah
East Power Sdn Bhd’s (JEP) Sukuk Murabahah Programme (Sukuk) of up to RM8.4
billion with immediate effect. The rating had been suspended since March 6,
2015 pending information from the project sponsors in relation to the project
timeline. As the grace period for providing the information has ended, MARC has
withdrawn the rating and will no longer be providing analytical coverage on the
issuer.
Contacts: Koh Shu Yunn, +603-2082 2243/ shuyunn@marc.com.my;
David Lee, +603-2082 2255/ david@marc.com.my.
June 5, 2015
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.