KUALA LUMPUR: RAM Rating Services Bhd has reaffirmed the AA3/Stable rating of Prai Power Sdn Bhd’s RM780mil Al-Istisna’ fixed-rate serial bonds (2001/2016).
It said on Wednesday that Prai Power owns and operates a 350-MW combined-cycle, gas-turbine power plant in Prai, Penang.
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