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MARC has affirmed its rating of AA-IS on MMC Corporation Berhad’s (MMC) RM1.5 billion Sukuk Murabahah Programme (Sukuk Murabahah) with a stable outlook.
The rating affirmation reflects MMC’s strong competitive position in port operations, engineering and construction, as well as power generation. The affirmed rating is also supported by long-term concessions for its ports and power opera...
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