Rating action     MARC has affirmed its rating of A+IS on TSH Sukuk Ijarah Sdn Bhd’s RM300 million Sukuk Ijarah Medium-Term Notes (Sukuk Ijarah IMTN) Programme. The rating outlook has been revised to positive from stableRating assessments on TSH Sukuk Ijarah and TSH Resources Bhd’s (TSH) other funding vehicle TSH Sukuk Murabahah Sdn Bhd, are based on the strength of their parent...

MARC has affirmed TSH Sukuk Ijarah Sdn Bhd’s RM300 million Sukuk Ijarah Medium-Term Notes (Sukuk Ijarah IMTN) programme rating of A+IS. The rating outlook is stable. The total notes outstanding as at end-April 2020 are RM275.0 million under the Sukuk Ijarah IMTN programme and RM150.0 million under the Sukuk Murabahah IMTN programme.MARC’s assessment reflects the credit profile of TSH Resources...

MARC has lowered TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk Ijarah IMTN) programme rating of AA-IS to A+IS. The rating outlook is stable. TSH Ijarah is one of two special purpose funding vehicles set up by its parent, TSH Resources Berhad (TSH). The other funding vehicle is TSH Sukuk Murabahah Sdn Bhd (TSH Murabahah), which has RM50.0 mill...

MARC has affirmed its rating of AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk IMTN) programme. TSH Ijarah is one of two special purpose funding vehicles set up by its parent, TSH Resources Berhad (TSH), a predominantly upstream crude palm oil (CPO) producer with majority of its oil palm plantations located in Kalimantan, Indonesia. ...

MARC has affirmed its rating of AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Sukuk Ijarah) RM300.0 million Islamic Medium-Term Notes (IMTN) Programme. The outlook is stable. TSH Sukuk Ijarah is one of three special purpose funding vehicles set up by its parent, TSH Resources Berhad (TSH), to fund TSH’s crude palm oil (CPO) operations. The others are TSH Sukuk Musyarakah Sdn Bhd and TSH Sukuk Mura...

MARC has affirmed its rating of AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk IMTN) programme. The outlook is stable. TSH Ijarah is one of three special purpose funding vehicles set up by its parent, TSH Resources Berhad (TSH), to fund TSH’s crude palm oil (CPO) operations. The rating action is premised on TSH’s healthy cash flow gene...

MARC has affirmed its ratings of MARC-1IS /AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100.0 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk IMTN) programmes with a stable outlook. The ratings affect the outstanding amount of RM270.0 million as at December 28, 2015 under the rated programmes. TSH Ijarah is a special purpose veh...

MARC has affirmed the ratings of MARC-1IS /AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100.0 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk IMTN) programmes with a stable outlook. TSH Ijarah is a special purpose funding vehicle created to facilitate the issuance of the notes under the rated programmes for its parent company...

MARC has affirmed the ratings of MARC-1IS /AA-IS on special purpose vehicle TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300 million Sukuk Ijarah Medium Term Notes (Sukuk IMTN) programmes with a stable outlook. As at February 28, 2014, TSH Ijarah has RM275 million outstanding notes. TSH Ijarah is a funding vehicle of Bursa Malaysia-li...

MARC has affirmed its ratings on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100.0 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300.0 million Sukuk Ijarah Medium Term Notes (Sukuk IMTN) Programmes at MARC-1IS /AA-IS with a stable outlook. The rating action affects outstanding notes of RM300.0 million issued under the rated programmes.TSH Ijarah is a special purpose funding vehicle ...