Published on 11 Dec 2019.
RAM Ratings has received confirmation from the Facility Agent that the State Government of Sabah had fully redeemed its RM1.0 billion Bonds (2014/2019) upon their maturity on 9 December 2019. As such, we no longer have any rating obligation in respect of the facility and have accordingly withdrawn the AAA/Stable rating accorded to it.
Toh Wei Liang
(603) 3385 2620
(603) 3385 2577
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Ratings on Sabah