11.10.2012 - RAM ratings reaffirms AA3 rating of Besraya's RM700 mln Sukuk
RAM Ratings has reaffirmed the AA3 long-term rating of Besraya (M) Sdn Bhd's RM700 million Sukuk Mudharabah Issuance Facility; the long-term rating has a stable outlook. Besraya is the toll concessionaire for the 16.6-km Sungei Besi Highway, and the 13.4-km Besraya Eastern Extension that is currently under construction (the 2 routes are collectively known as. The concession of the Highways is valid until 15 May 2040...............................................Full Article: Source
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