MARC
has withdrawn its rating of AAID on Instacom SPV Sdn Bhd’s
RM200.0 million Murabahah Medium Term Notes (MMTN) Programme. The rating
withdrawal follows the early redemption of outstanding notes amounting to RM5.0
million under the MMTN programme and the cancellation of the same on October
31, 2014 as confirmed by the facility agent.
Upon
the withdrawal of the rating, MARC will no longer be providing analytical
coverage on the issuer.
Contacts:
Ngiam Tee Wei, +03-2082 2268/ teewei@marc.com.my;
Yap Lai Ken, +03-2082 2247/ laiken@marc.com.my.
November 7, 2014
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