Thursday 02, January 2014 by Matthew Amlôt

RAM Ratings revises PLSA’s rating outlook to negative, reaffirms Senior and Junior Sukuk ratings

RAM Ratings has revised the outlook on Projek Lintasan Shah Alam Sdn Bhd’s (PLSA or the Company) long-term ratings, to negative from stable. The negative outlook reflects the Company’s weaker longer-term cash-generating capacity owing to the subdued pace of property launches at the Alam Impian township.

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