MARC Ratings takes note of Merchantrade Asia Sdn Bhd's announcement dated 6 November 2026 on BNM FAST of its intention to fully redeem the outstanding RM80.0 million Commercial Papers (CPs) upon maturity on 23 November 2026. MARC Ratings understands that the required funds have been set aside for the redemption. Upon completion of the redemption, no CPs will remain outstanding under the company's Multi-Currency CP Programme of up to RM200.0 million in nominal value, which the company intends to cancel thereafter. The CP was last rated MARC-1 by MARC Ratings.

Contacts:
Darren Leong, +603-2717 2937/ [email protected]
Ahmad Affan, +603-2717 2946/ [email protected]
Amirah Aisyah, +603-2717 2969/ [email protected]
Elmer Lim, +603-2717 2947/ [email protected]

10 November 2026

[This announcement is available on MARC's corporate website at www.marc.com.my]

---- DISCLAIMER ----
This communication is provided by Malaysian Rating Corporation Berhad and any of its subsidiaries or affiliates (?MARC?) based on the information, reasonably believed by MARC to be accurate and reliable to the greatest extent, derived from publicly available sources or provided by the rated entity or its agents. MARC, however, has not independently verified the source of such information and makes no representation as to the accuracy, completeness and timeliness of such information. Any assignment of a credit rating by MARC shall at all times solely be construed as a statement of opinion and not a statement of fact. A credit rating is not a recommendation to buy, sell or hold any security and/or investment.

? 2026 MARC Ratings Berhad
202001041436 (1397757-W)

*** DISCLAIMER ***
THIS COMPUTER SYSTEMS AND APPLICATIONS ARE OWNED AND OPERATED BY BURSA MALAYSIA.