Published on 01 Jul 2022.
RAM Ratings has received confirmation that Quill Retail Malls Sdn Bhd (QRMSB) fully redeemed the outstanding RM290 million under its RM350 million Sukuk Murabahah on 30 June 2022 via issuance proceeds from two unrated guaranteed medium-term notes facilities. As such, we have withdrawn the ratings of the sukuk (see below) and no longer have any rating obligation in respect of the securities.
Rating/ Rating Watch
L Nurisya Abdullah
(603) 3385 2492
Lim Chern Yit
(603) 3385 2528
The credit rating is not a recommendation to purchase, sell or hold a security, inasmuch as it does not comment on the security’s market price or its suitability for a particular investor, nor does it involve any audit by RAM Ratings. The credit rating also does not reflect the legality and enforceability of financial obligations.
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Published by RAM Rating Services Berhad
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Ratings on Quill Retail Malls Sdn Bhd