PAAB

AcronymDefinition
PAABPharmaceutical Advertising Advisory Board
PAABPengurusan Aset Air Berhad (Malaysia)
PAABProperty Assessment Appeal Board
PAABProperty Appraisal Adjustment Board (Florida)
PAABPatient Administration and Billing System (South Africa)
PAABPublic Accountants' and Auditors' Board (now Independent Regulatory Board for Auditors; South Africa)
References in periodicals archive ?
PASB is a special-purpose vehicle set up as a 100 per cent-owned subsidiary of PAAB, to finance the latter's acquisition of water assets and accompanying liabilities in Peninsular Malaysia and Labuan, as well as the subsequent development of water infrastructure in the states involved.
Under the transaction structure, the Sukuk holders' recourse to PAAB is recognised via an irrevocable and unconditional Purchase Undertaking Deed.
In this regard, we recognise the strong credit link between the SPV and PAAB, and thus view both companies in aggregate from a credit perspective.