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MARC has assigned a rating of AA+IS to Westports Malaysia Sdn Bhd’s (Westports) Sukuk Musyarakah (Sukuk) Programme of up to RM2.0 billion. At the same time, MARC has also affirmed its rating of AA+IS on Westports’ existing RM800 million Sukuk Musyarakah Medium Term Notes Programme, of which RM345 million is currently outstanding. The rating outlook for both issues is stable. The assign...
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