KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its A+IS(s) rating on Projek Lintasan Sungai Besi-Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah programme of up to RM2bil, with a stable outlook.
It said on Tuesday the rating on the Sukuk Wakalah reflects the credit strength of Projek Lintasan Kota Holdings (Prolintas) as the provider of an unconditional and irrevocable completion guarantee to PLSUKE.
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!