Monday 27, April 2009 by

MARC affirms its long-term rating of AAAis on Assar Chemicals Sukuk

Malaysian Rating Corporation (MARC) said it has affirmed its long-term rating on independent oil terminal (IOT) owner, Assar Chemicals Sdn Bhd’s (ACSB) MYR 150 million ($41.7 million) Serial Sukuk Musharaka at AAAIS. The outlook on the rating is stable.

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