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RAM Ratings has withdrawn the ratings of MBSB Berhad (MBSB), MBSB Bank Berhad (MBSB Bank), Malaysian Industrial Development Finance Berhad (MIDF) and MIDF Amanah Investment Bank Berhad (MAIB) at their request.
The rating coverage of the entities at the time of the withdrawal is MBSB's RM10 billion Sukuk and three structured Sukuk, while for MIDF its the Corporate Credit and Financial Institution Ratings.