Jul 02 2012
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Marc withdraws ratings on Weida's munif/imtn programme upon full redemption of outstanding issuance
MARC has withdrawn its ratings of MARC-1ID/A+ID on Weida (M) Berhad's (Weida) RM100 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes (MUNIF/IMTN) with immediate effect. The ratings withdrawal follows the redemption of the outstanding RM25.0 million notes under the rated facility and concurrently the early termination of the programme on June 29, 2012 as confirmed by the facility agent. MARC will no longer be providing analytical coverage on Weida.
Taufiq Kamal; +603-2082 2251/ firstname.lastname@example.org;
Rajan Paramesran; +603-2082 2233/ email@example.com.
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