RAM Ratings assigns R4 rating to City Coin Technology Berhad’s up to RM20 Million Investment Notes

Published on 19 Jun 2024.

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RAM Ratings has assigned a rating of R4 to City Coin Technology Berhad’s up to RM20 million Investment Note. The rating indicates adequate safety for payment of financial obligations. 

Analytical contact
Ben Inn
(603) 3385 2510

Media contact
Sakinah Arifin
(603) 3385 2500


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.

RAM Ratings receives compensation for its rating services, normally paid by the issuers of such securities or the rated entity, and sometimes third parties participating in marketing the securities, insurers, guarantors, other obligors, underwriters, etc. The receipt of this compensation has no influence on RAM Ratings’ credit opinions or other analytical processes. In all instances, RAM Ratings is committed to preserving the objectivity, integrity and independence of its ratings. Rating fees are communicated to clients prior to the issuance of rating opinions. While RAM Ratings reserves the right to disseminate the ratings, it receives no payment for doing so, except for subscriptions to its publications.

Similarly, the disclaimers above also apply to RAM Ratings’ credit-related analyses and commentaries, where relevant.

Published by RAM Rating Services Berhad
© Copyright 2024 by RAM Rating Services Berhad


Publication Date Published Category
City Coin Technology Berhad 19-Jun-2024 Credit Report View PDF