MARC has assigned final ratings of MARC-1IS and AAAIS to Gas Malaysia Berhad’s (Gas Malaysia) Islamic Commercial Paper (ICP) programme and Islamic Medium-Term Notes (IMTN) programme with a combined limit of up to RM700 million respectively. The outlook on the ratings is stable. The ratings reflect Gas Malaysia’s very strong domestic competitive position in natural gas distribution, stron...

MARC has affirmed the AAAID rating on Gas Malaysia Berhad’s (Gas Malaysia) RM500 million Al-Murabahah Medium-Term Notes (MTN) programme with a stable outlook. The rating reflects Gas Malaysia’s strong domestic competitive position in natural gas distribution, derived from its status as the only company licensed to supply and sell reticulated natural gas in Peninsular Malaysia of below 5 mmscf...

MARC has affirmed the AAAID rating on Gas Malaysia Berhad’s (Gas Malaysia) RM500 million Al-Murabahah Medium-Term Notes (MTN) programme with a stable outlook. The rating incorporates Gas Malaysia’s strong competitive position in natural gas distribution in Peninsular Malaysia, stemming largely from reliable supply of natural gas from national oil and gas company Petroliam Nasional Berhad (PETR...

MARC has affirmed its AAAID rating on Gas Malaysia Berhad’s (Gas Malaysia) RM500 million Al-Murabahah Medium Term Notes (MTN) programme with a stable outlook. The affirmed rating reflects the natural gas utility’s fairly diverse industrial, residential and commercial customer base, adequate natural gas supply from national oil and gas company Petroliam Nasional Berhad (PETRONAS), and v...

MARC has affirmed the rating on Gas Malaysia Berhad’s (Gas Malaysia) RM500 million Al-Murabahah Medium Term Notes (MTN) Programme at AAAID with a stable outlook. Currently, there are no outstanding notes issued under the programme. The affirmed rating reflects Gas Malaysia’s strong credit profile underpinned by its strong market position as the sole natural gas distributor in Peninsula...