Displaying 3501-3510 of 3666 results.
Malaysian Rating Corporation Berhad (MARC) has assigned a long term rating of AA ID (Double A flat Islamic Debt) and A+ ID (Single A plus Islamic Debt) in respect of MHS Aviation Berhad’s (MHSA) (formerly known as MHS Aviation Sdn Bhd) proposed RM60 million Al-Bai Bithaman Ajil Islamic Debt Securities (BaIDS) and RM140 million Nominal Value Junior Notes Issue (JNs) respectively. The rating of ...
This article has been viewed 1053 times.
Malaysian Rating Corporation Berhad (MARC) has affirmed Commerce Dot Com’s (CDC) RM100 million Al-Istisna Facility at A-ID (Islamic Debt). However, the rating agency has placed the rating on negative outlook. The rating affirmation reflects Commerce Dot Com Sdn Bhd’s (CDC) position as the exclusive provider of the electronic procurement system for the government and a tight underlying issue ...
This article has been viewed 1587 times.
Malaysian Rating Corporation Berhad (MARC) has assigned a long-term rating of AAA to the RM305 million reopening of the existing 3-year Fixed Rate Bonds and RM345 million reopening of the existing 4-year Fixed Rate Bonds, issued on 30 July 2002. The 3-year and 4-year Fixed Rate Bonds carry an average yield of 3.201% p.a. and 3.289% p.a. respectively. The Bonds are issued to fund the purchase of ...
This article has been viewed 1339 times.
The rating on Kelang Multi Terminal Sdn Bhd (KMT) reflects strong business fundamentals and operational efficiency, complemented by improving profitability indicators. Offsetting this is the high, albeit moderating, gearing levels.Incorporated in 1990, KMT is the operator of Westport under the privatization agreement signed with the government in 1994. Located in Port Klang, Westport is a deep wat...
This article has been viewed 1136 times.
Malaysian Rating Corporation Berhad (MARC) has assigned a long term rating of A+ ID (Single A plus Islamic Debt) in respect of Kwantas Corporation Berhad’s (KCB) proposed RM100 million Al-Bai Bithaman Ajil Islamic Serial Bonds. The rating reflects the KCB Group’s integrated palm oil operations and expanding activities; new revenue source from the sale of renewable bio-mass energy; and expand...
This article has been viewed 1305 times.
Malaysian Rating Corporation Berhad (MARC) has assigned Islamic corporate debt ratings of MARC-1ID/AAAID (Islamic Debt) to Putrajaya Holdings Sdn Bhd’s (‘PJH’) proposed Murabahah Commercial Papers / Medium Term Notes Programme (2002/2006) with nominal value of up to RM910 million. The Islamic debt ratings reflect PJH’s issuer ratings, based upon its solid capitalization supported by a supe...
This article has been viewed 1219 times.
Malaysian Rating Corporation Berhad (MARC) has assigned a short term corporate debt rating of MARC-2ID (Islamic Debt) to Motosikal Dan Enjin Nasional Sdn Bhd’s (MODENAS) RM80 million Murabahah Underwritten Notes Issuance Facility (MUNIF). The rating reflects MODENAS’ strong market position in the 4-stroke segment of the motorcycle industry; Government’s support in the form of tariff protecti...
This article has been viewed 2096 times.
MARC is pleased to announce that AmMerchant Bank Berhad as well as Aseambankers Malaysia Berhad / RHB Sakura Merchant Bankers Berhad emerged in the top position for MARC’s Lead Managers Table for First Half 2002, in terms of value, having each lead-managed RM0.5 billion worth of private debt securities (PDS) rated by MARC, followed by Abrar Discounts Berhad in the 2nd position with RM0.21 billi...
This article has been viewed 906 times.
The rating of Anjung Bahasa Sdn Bhd’s (ABSB) Al-Bai Bithaman Ajil Islamic Debt Securities (BaIDs) has been downgraded from AA+ to AA- (double-A minus) following negative developments arising subsequent to the issuance of the Temporary Certificate of Fitness (TCF), which have had the effect of moderating the cashflow protection afforded to the bondholders. Nonetheless, the rating continues to re...
This article has been viewed 1103 times.
Malaysian Rating Corporation Berhad (MARC) has affirmed the long-term Islamic corporate debt rating of A-ID (A minus, Islamic Debt) and short-term Islamic corporate debt rating of MARC-3ID to Europlus Corporation Sdn Bhd’s (ECSB) RM250 million Al-Bai Bithaman Ajil Islamic Debt Securities (BaIDS) and RM350 million Murabahah Underwritten Notes Issuance Facility (MUNIF) respectively.ECSB’s affi...
This article has been viewed 1101 times.