Mukah Power debt ratings reaffirmed


In a statement, RAM Rating Services said the rating reflected Sarawak Energy Bhd’s strong support for Mukah Power, which it owns via its 100%-held subsidiary SEB Power Sdn Bhd.

KUALA LUMPUR: RAM Rating Services Bhd has reaffirmed the enhanced AA 1 (s)/stable rating of power producer Mukah Power Generation Sdn Bhd’s RM665mil Senior Sukuk Mudharabah Programme (2006/2021).

In a statement, the ratings agency said the rating reflected Sarawak Energy Bhd’s strong support for Mukah Power, which it owns via its 100%-held subsidiary SEB Power Sdn Bhd.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Asia FX gains on respite from dollar strength, equities rally
Bursa Malaysia mixed at midday break, key index up
Dialog Axiata inks deal to acquire Airtel Lanka via share swap
ACE Market-bound Sin-Kung targets RM26mil in proceeds from IPO
Smart Asia to issue 93.5mil shares, en route to ACE Market listing
Matrade to organise halal showcase in Dubai
Feytech inks underwriting deal with TA Securities, AmInvestment Bank
Ringgit extends gains to open higher against US$
Loan applications for property take a breather in Feb
Upsides on Bursa capped by negative global sentiment

Others Also Read