Rating Agency Malaysia Bhd (RAM) has placed the long-term rating of AA3 on STRATAVEST SDN BHD's RM276.675mil Al-Bai Bithaman Ajil serial bonds (2000/2010) (BaIDs) on rating watch, with a negative outlook.
Stratavest is an independent power producer (IPP) that owns, operates and maintains the 60-megawatt Libaran power station in Sandakan, Sabah.
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