17.01.2013 - RAM assigns preliminary AA3/P1 ratings to Eversendaiís Sukuk
RAM Rating Services has assigned the respective preliminary long- and short-term ratings of AA3 and P1 to Eversendai Corporationís proposed MYR 500 million Sukuk Musharakah Islamic Commercial Papers/Medium-Term Notes Programme; the long-term rating has a stable outlook. Eversendai is a specialised construction company, with a primary focus on the niche segment of structural steel works. It is also involved in the construction (including mechanical works and systems installation) of coal-fired power plants and civil construction...............................................Full Article: Source
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