KUALA LUMPUR: RAM Rating Services Bhd has reaffirmed the enhanced AA 1 (s)/Stable rating of power producer Mukah Power Generation Sdn Bhd’s RM665 million Senior Sukuk Mudharabah Programme (2006/2021).
In a statement, the ratings agency said the rating reflects Sarawak Energy Bhd Group’s strong support for Mukah Power, which it owns via its 100 per cent-held subsidiary, SEB Power Sdn Bhd.
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