KUALA LUMPUR: Ongoing troubles in the water sector in Selangor risk dragging down the average overall ratings of bonds covered by RAM Ratings this year.
RAM Ratings said that even though nearly 90% of its rated portfolio remained on a stable outlook, the rating stability for the full year would likely be influenced by the 10% of issuers that were currently on negative rating watch or have a negative rating outlook.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
