RAM Ratings Withdraws Kenanga Investment Bank's Ratings
RAM Ratings Withdraws Kenanga Investment Bank's Ratings
Islam
Islam
Transcription
- IB Press Release Service Published on: IslamicBanker.com Publications: https://www.islamicmarkets.com/publications RAM Ratings Withdraws Kenanga Investment Bank's Ratings 9 October 2017 RAM Ratings has withdrawn Kenanga Investment Bank Berhad's (Kenanga IB or the Bank) A3/Stable/P1 financial institution ratings upon the Bank's request. As such, RAM no longer has any rating obligation on Kenanga IB. Organisation Name: News Type: RAM Rating Services Berhad RATING ANNOUNCEMENT Source: BNM Announcements Media Contact Padthma Subbiah (603) 7628 1162 padthma@ram.com.my Disclaimer: The credit rating is not a recommendation to purchase, sell or hold a security, inasmuch as it does not comment on the security's market price or its suitability for a particular investor, nor does it involve any audit by RAM Ratings. The credit rating also does not reflect the legality and enforceability of financial obligations. RAM Ratings receives compensation for its rating services, normally paid by the issuers of such securities or the rated entity, and sometimes third parties participating in marketing the securities, insurers, guarantors, other obligors, underwriters, etc. The receipt of this compensation has no influence on RAM Ratings' credit opinions or other analytical processes. In all instances, RAM Ratings is committed to preserving the objectivity, integrity and independence of its ratings. Rating fees are communicated to clients prior to the issuance of rating opinions. While RAM Ratings reserves the right to disseminate the ratings, it receives no payment for doing so, except for subscriptions to its publications. Similarly, the disclaimers above also apply to RAM Ratings' credit-related analysis and commentaries, where relevant.
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