KUALA LUMPUR (AFX-ASIA) – Rating Agency Malaysia Bhd (RAM) said it has lifted the rating watch placed on Prai Power Sdn Bhd’s RM780 million Al-Istisna fixed rate serial bonds, following the successful commissioning of the Prai power plant on June 20 this year, while reaffirming the “AA3” rating on the Islamic bonds. (US$1=RM3.8). On April…
MALAYSIA: Prai Power removed from rating watch, ‘AA3’ rating reaffirmed Ð RAM
Posted on July 23, 2003 by EnergyAsia