KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its ratings on Gas Malaysia Bhd
’s unit -- Gas Malaysia Distribution Sdn Bhd’s (GMD) -- debt notes of up to RM1bil while the outlook is stable.
The rating agency said on Wednesday it affirmed its AAA IS/MARC-1 IS ratings on GMD’s Islamic medium-term notes (IMTN) programme and Islamic commercial papers (ICP) programme.
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