MARC Ratings has assigned final ratings of A+_IS/A-_IS to WCT Holdings Berhad’s (WCT) RM5.0 billion Islamic Medium-Term Notes (IMTN)/ Perpetual Sukuk Programmes. The outlook on the ratings is positive.

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

For full details on the assigned ratings, please see WCT’s preliminary rating announcement dated 6 February 2026. The complete analysis is provided in the Credit Analysis Report which is available here.