[RAM] RAM Ratings withdraws ratings of Pulau Indah Power Plant's proposed sukuk

We understand that PIPP secured a RM2.7 bil syndicated financing facility in March 2021, thus achieving financial close, and has since commenced construction of the plant.


Analytical contacts
Jack Kwan
(603) 3385 2532
jack@ram.com.my

Chong Van Nee, CFA
(603) 3385 2482
vannee@ram.com.my