RAM reaffirms SMJ Energy's AAA rating for third year running


KOTA KINABALU: SMJ Energy Sdn Bhd has reaffirmed its AAA/Stable credit rating from RAM Ratings for the third consecutive year under its Multi-Currency Islamic Medium-Term Notes (Sukuk Wakalah) Programme of up to RM10bil.

The top-tier rating reflects strong investor confidence in the company’s disciplined growth strategy, sound financial footing, and pivotal role as Sabah’s strategic energy investor, SMJ chief executive officer Datuk Dr Dionysia Kibat said.

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