Rating action          MARC Ratings has maintained its rating of AA-IS(cg) on Eco World Capital Berhad’s Islamic Medium-Term Notes (Sukuk Wakalah) Programme, which has now been upsized to RM3.0 billion from RM1.2 billion. The rating outlook is stable. Eco World Capital is the financing vehicle of parent Eco World Development Group Berhad (EcoWorld) which has provide...

Rating action          MARC Ratings has affirmed its rating of AA-IS(cg) on Eco World Capital Berhad’s Islamic Medium-Term Notes (Sukuk Wakalah) Programme of RM1.2 billion. The rating outlook is stable. Eco World Capital is the financing vehicle of parent Eco World Development Group Berhad (EcoWorld) which provided an unconditional and irrevocable guarantee on the p...

Rating actionMARC Ratings has assigned a rating of AA-IS(cg) to Eco World Capital Berhad’s Islamic Medium-Term Notes programme of RM1.2 billion under the Shariah principle of Wakalah Bi Al-Istithmar (Sukuk Wakalah programme). The rating outlook is stable. Eco World Capital is wholly owned by Eco World Development Group Berhad (EcoWorld) and is the financing vehicle that will undertake the issuan...