Standard & Poor’s Acquires Additional Stake in RAM Holdings Berhad

Standard & Poor’s Ratings Services (Standard & Poor’s) has acquired an additional 3.5% stake in RAM Holdings Berhad (RAM). 

This acquisition increases Standard & Poor’s shareholding in RAM to 11.7%. Standard & Poor’s acquired an initial 4.9% stake in RAM in November 2011 and another 1.2% and 2.1% stake in August and October 2013, respectively.  The further expansion of its minority stake in RAM demonstrates Standard & Poor’s ongoing  commitment to ASEAN capital markets, including Malaysia.

Source:  Standard & Poor’s