Announcement Title | General Announcement |
Date & Time of Broadcast | Jan 16, 2024 17:38 |
Status | New |
Announcement Sub Title | WITHDRAWAL OF CREDIT RATINGS BY S&P GLOBAL RATINGS AT ISSUER'S REQUEST |
Announcement Reference | SG240116OTHRZ1H6 |
Submitted By (Co./ Ind. Name) | Sau Ean Nee |
Designation | Company Secretary |
Description (Please provide a detailed description of the event in the box below) | At the request of the Issuer, S&P Global Ratings ("S&P") has withdrawn its corporate credit rating on the Issuer, as well as its rating on the senior unsecured notes that the Issuer guarantees. The Issuer has requested S&P to withdraw the credit ratings in line with its strategic review that the ratings are not necessary under its current business environment. Attached is S&P's press release on the withdrawal. |
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