Saturday, August 14, 2010

MARC withdraws ratings on Ingress Sukuk's debt notes

KUALA LUMPUR: Malaysian Rating Corp Bhd has withdrawn its DIS ratings on Ingress Sukuk Bhd's RM160 million sukuk Al Ijarah Programme with immediate effect.

The ratings agency said on Friday, Aug 13 the withdrawal followed the full redemption of the sukuk and cancellation of the programme on July 2, as confirmed by its facility agent, HSBC Bank Malaysia Bhd.


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