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MARC affirms rating on TNB Western Energy's RM4b sukuk


KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has affirmed its AAAIS rating on TNB Western Energy Bhd’s Sukuk of up to RM4bil with a stable outlook. 
 
TNB Western Energy is the funding vehicle of parent TNB Manjung Five Sdn Bhd, a unit of Tenaga Nasional Bhd (TNB), the rating agency said in a statement on Monday. 

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