Thursday, March 5, 2015

MARC WITHDRAWS ITS RATING ON WESTSTAR CAPITAL SDN BHD’S RM900 MILLION SUKUK MUDHARABAH PROGRAMME

Mar 3, 2015 -
MARC has withdrawn its AA-IS rating on Weststar Capital Sdn Bhd’s RM900 million Sukuk Mudharabah Programme. The rating withdrawal follows the early redemption and subsequent cancellation of the Sukuk Mudharabah Programme on February 27, 2015 as confirmed by the facility agent.
Upon the withdrawal of the rating, MARC 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.

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