MARC Ratings has withdrawn its rating of AAIS on Cellco Capital Berhad’s (Cellco) RM130 million Islamic Medium-Term Notes (Issue 2) under its Sukuk Ijarah Programmes of up to RM1.0 billion, following a request from the company, which is currently reassessing the overall structure and strategy for the issuance. There is no outstanding under Issue 2.
MARC Ratings’ analytical coverage on Cellco is now limited to the RM520 million Issue 1 issued under the Sukuk Ijarah Programmes, the ratings of which were affirmed at MARC-1IS /AAIS /Stable on 21 November 2025.