Posted Date: November 20, 2020

MARC has assigned a final rating of AA-IS with a stable outlook to Evyap Sabun Malaysia Sdn Bhd's (Evyap Malaysia) proposed RM500.0 million Sukuk Wakalah Programme.

The rating agency has reviewed the final documentation for the programme and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary rating was based.

For full details of the assigned rating, please see Evyap Malaysia's preliminary rating announcement on October 30, 2020. The complete analysis is provided in the Credit Analysis Report which is available on MARC's website at www.marconline.com.my.

Raj Shankar, +603-2717 2956/ rajshankar@marc.com.my; 
Taufiq Kamal, +603-2717 2951/ taufiq@marc.com.my.

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