[RAM] RAM Ratings withdraws rating of Pendidikan Industri YS's sukuk

RAM Ratings has withdrawn the enhanced AA1(s)/Stable rating of Pendidikan Industri YS Sdn Bhd’s (PIYSB) RM150 mil Bai’ Bithaman Ajil Islamic Debt Securities (2008/2022) (BaIDS). This follows confirmation that PIYSB has fully redeemed the outstanding BaIDS on 29 January 2021. As such, RAM no longer has any rating obligation in respect of the sukuk.


Analytical contact
Thong Mun Wai
(603) 3385 2522 
munwai@ram.com.my

Media contact
Padthma Subbiah
(603) 3385 2577
padthma@ram.com.my