[MARC] MARC Ratings withdraws rating on Kimanis Power’s Sukuk

MARC Ratings has withdrawn its AAIS rating on Kimanis Power Sdn Bhd’s RM1.16 billion Sukuk Programme. The rating withdrawal follows the full redemption of the outstanding RM330.0 million under the programme and the subsequent cancellation of the programme, as confirmed by the facility agent on October 9, 2024.

Accordingly, MARC Ratings will no longer provide analytical coverage on the issuer.

Ahmad Kamal Syauki, +03-2717 2958/ kamal@marc.com.my
Neo Xue Wei, +603-2717 2937/ xuewei@marc.com.my
Sharidan Salleh, +603-2717 2954/ sharidan@marc.com.my