Credit Analysis Reports
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Rating action         MARC has assigned ratings of MARC-1IS /AIS on Gabungan AQRS Berhad’s (GBG) RM200 million Islamic Commercial Papers (ICP)/Islamic Medium-Term Notes (IMTN) Programme. The ratings outlook is stable. RationaleThe ratings incorporate GBG’s moderate construction order book, its low counterparty risk from the largely government-related construction ...


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