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RAM Ratings lifts rating watch on Cerah Sama’s Sukuk

Posted on 01 November 2012

RAM Ratings has lifted the developing Rating Watch on Cerah Sama’s first issuance of MYR 380 million under the MYR 600 million Islamic Medium-Term Notes (Sukuk) programme, and reaffirmed its long-term AA3 rating with a stable outlook.
Cerah Sama is an investment-holding company that wholly owns Grand Saga (Grand Saga) – operator of the Cheras-Kajang Highway (the Highway)………………………………………..Full Article: Source

 
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