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MARC Ratings has affirmed its AA-IS rating on Farm Fresh Berhad’s Islamic Medium-Term Notes (IMTN) Programme of RM1.0 billion under the Shariah principle of Wakalah Bi Al-Istithmar. The rating outlook is stable. Farm Fresh remains the largest vertically integrated dairy farming player domestically with a well-established distribution network. It currently operates 2,829 acres of farmland do...
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MARC Ratings has affirmed its rating of AA-IS on Farm Fresh Berhad’s Islamic Medium-Term Notes (IMTN) Programme of RM1.0 billion under the Shariah principle of Wakalah Bi Al-Istithmar. The rating outlook is stable. The rating affirmation reflects Farm Fresh’s growing sales track record for its wide range of dairy products, and strong domestic market position in key dairy se...
This article has been viewed 440 times.