Storm brewing in Malaysian debt capital market as new entity set to take control of RAM rating agency - MalaysiaNow

6/3/2022 12:00:00 AM2 years 11 months ago
by MalaysiaNow
by MalaysiaNow
CTOS Digital has received approval from the Securities Commission to acquire a majority stake in RAM, in a controversial move that raises questions about integrity in Malaysia's debt capital market.
The independence and credibility of RAM Holdings have come under question following the green light from the Securities Commission (SC) for the acquisition of the credit rating firm by CTOS Digital B… [+3902 chars]
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