Rating action          MARC Ratings has affirmed its AAIS rating on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). Concurrently, the rating agency has revised the rating outlook to stable from negative. Fortune Premiere is a funding vehicle of IOI Properties Group Berhad (IOI Properties) which has provi...

Rating action     MARC has affirmed its AAIS rating on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook has been revised to negative from stable. Fortune Premiere is a funding vehicle for its parent IOI Properties Group Berhad (IOI Properties) which has extended an unconditional and irrevocable guaran...

MARC has affirmed its AAIS  rating on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook is stable.Fortune Premiere’s rating reflects the credit strength of its parent company IOI Properties Group Berhad (IOI Properties) which has provided an unconditional and irrevocable corporate guarantee on the issuance. IO...

MARC has affirmed its AAIS  rating on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook is stable.Fortune Premiere is a funding vehicle for its parent IOI Properties Group Berhad (IOI Properties) which has provided an unconditional and irrevocable corporate guarantee on the rated sukuk. Accordingly, the rating c...

MARC has affirmed its rating of AAIS on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook is stable. The rating applies only to ringgit-denominated notes issued under the multi-currency sukuk. Fortune Premiere is a wholly-owned funding vehicle of IOI Properties Group Berhad (IOI Properties) which has provided a...

MARC has assigned a rating of AAIS to Fortune Premiere Sdn Bhd’s (Fortune Premiere) RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The outlook on the rating is stable. The assigned rating applies only to ringgit-denominated notes issued under the multi-currency sukuk. Wholly owned by IOI Properties Group Berhad (IOI Properties), Fortune Premiere is a sp...