Thursday 29, January 2015 by Matthew Amlôt

MARC affirms AA-IS rating on Cerah Sama Sdn Bhd's MYR 420.0 million Sukuk

MARC has affirmed its rating of AA-IS on Cerah Sama Sdn Bhd’s (Cerah Sama) MYR 420.0 million sukuk issued under the MYR 750.0 million Sukuk Musharakah Programme with a stable outlook. Cerah Sama is the investment holding company of Grand Saga Sdn Bhd (Grand Saga), the concessionaire of the 11.5-kilometre Cheras-Kajang Highway. Cerah Sama is also an investment vehicle for potential brownfield toll assets in Malaysia and overseas.

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