[RAM] RAM Ratings publishes Sarawak Petchem preliminary rating rationale

RAM Ratings has published the rating rationale for Sarawak Petchem Sdn Bhd’s (the Company) proposed RM6.0 bil Islamic Medium-Term Notes Programme (proposed Sukuk Wakalah). The report expands on the factors underpinning the Company’s preliminary AAA(s) rating and its stand-alone credit profile as outlined in the media release dated 27 April 2022, titled “RAM Ratings assigns preliminary AAA(s)/Stable rating to Sarawak Petchem’s proposed Sukuk Wakalah”. 

Analytical contacts
Karin Koh, CFA
(603) 3385 2508

Thong Mun Wai
(603) 3385 2522