Final rating of AAIS to BEWG’s RM400m Sukuk Wakalah

MARC has assigned a final rating of AAIS to BEWG’s RM400m Sukuk Wakalah and the outlook on the rating is stable.

Upon review of the final documentation of the proposed issuance, MARC is satisfied that the terms and conditions of the Sukuk Wakalah have not changed in any material way from the draft documentation on which the earlier preliminary rating of AAIS /Stable was based.

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