Credit Analysis Reports
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Rating action      MARC has assigned a final rating of AA-IS with a stable outlook to The Holstein Milk Company Sdn Bhd’s (THMC) RM1.0 billion Sukuk Wakalah Programme. THMC is an integrated dairy farming player with operations ranging from cattle breeding and milk processing in Malaysia and Australia, to distribution of dairy products to consumers, mainly domestically.Rationale&nb...


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