KUALA LUMPUR (AFX-ASIA) – Rating Agency Malaysia Bhd (RAM) said it has reaffirmed the “AA1” rating assigned to Sarawak Electricity Supply Corp’s (SESCO) RM605 million Al-Bai Bithaman Ajil Islamic debt securities (BAIDS). (US$1=RM3.8). “Our rating is premised on SESCO’s strong financial profile and its strategic role as the sole utility company in Sarawak. “SESCO enjoys…

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