RAM Ratings, one of the local top rating agency in Malaysia, has recenly reaffirmed the AA3(s)/Stable rating(investment garde) of Country Garden Real Estate Sdn Bhd (CGRE)’s IMTN Programme of RM1.5 billion in Nominal Value (2015/2035), despite the impact of COVID-19 on property sector and economy. CGRE, whose ultimate shareholder is top Chinese Developer Country Garden Holdings Company Limited(“Country Garden Group”), has been obtaining this highest rating amongst other developers in Malaysia for consecutive four(4) years since 2017.