Bangkok--1 Sep--TRIS Rating
TRIS Rating Co., Ltd., has cancelled the company rating of King Power Duty Free
Co., Ltd. (KPD). The cancellation came at the request of KPD due to the expiration of the credit rating service agreement and the company has no plan to issue the debentures in the near term.
Therefore, the previous company rating assigned to KPD at “BBB-” with “stable” outlook will no longer be monitored, TRIS Rating said.