[RAM] Chellam Plantations fully redeems sukuk ahead of maturity
RAM Ratings has received confirmation that Chellam Plantations (Sabah) Sdn Bhd fully redeemed the RM150 mil 10-year tranche (2016/2026) under its RM300 mil Guaranteed Sukuk Murabahah Programme (2016/2033) on 24 June 2021, ahead of the maturity date of 24 June 2026. Accordingly, we have withdrawn the AAA(fg)/Stable rating of the sukuk and no longer have any rating obligation in respect of it.
Thong Mun Wai
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