| RAM Ratings has reaffirmed the AA3 rating of Malakoff Corporation Berhad's MYR 5.6 billion ($1.75 billion) Islamic Medium-Term Notes (2007/2027), as well as the AA3/P1 ratings of its MYR 600 million ($187.6 million) Islamic Commercial Paper/Medium-Term Notes (2007/2014).
Concurrently, the A2 rating of the company's MYR 1.7 billion ($532 million) Junior Sukuk (2007/2057) has also been reaffirmed, with its negative outlook maintained. Malakoff is an investment-holding company with interests primarily in power generation and maintenance services for power plants..............................................Fll Article: Source
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