The Company wishes to announce that RAM Rating Services Berhad ("RAM") has reaffirmed the ratings of AA3 and A1 for RM420 million Senior Sukuk and Subordinated Sukuk, respectively to MNRB Holdings Berhad ("MNRB"). For Malaysian Reinsurance Berhad ("Malaysian Re"), RAM has reaffirmed the ratings of AA2/P1 and AA3 for Insurer Financial Strength Ratings and RM250 million Subordinated Medium-Term Note Programme, respectively. As for Senior and Subordinated RM800 million Medium Term Notes programme, RAM has also reaffirmed the ratings of AA2 and AA3, respectively. RAM also upgraded the outlook for these credit ratings from Stable to Positive.

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