“The MARCWatch extension continues to reflect the pending outcome of the ongoing negotiations on toll restructuring between the toll concessionaire and the government, ” it said in a statement.
KUALA LUMPUR: Malaysian Rating Corporation (MARC) continues to keep its “MARC Watch Developing” on Projek Lebuhraya Usahasama Bhd’s (PLUS) RM23.35bil Sukuk Musharakah programme.
MARC said on Friday this rating action follows from the previous rating actions in January and April 2020.
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