Credit Analysis Reports
Displaying 1-6 of 6 results.
Popularity: 1536 views 54 downloads
MARC has downgraded its ratings on Oilcorp Berhad’s (Oilcorp) RM70 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes Facility (MUNIF/IMTN) to MARC-4ID /CID from MARC-4ID /BBID, and maintains the ratings on MARCWatch Negative. The ratings were lowered in expectation of imminent default by Oilcorp on its upcoming redemption of its MUNIF/IMTN on October 7, 2009 un...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1450 views 30 downloads
MARC continues to place its ratings on Oilcorp Bhd’s (Oilcorp) RM70 million Murabahah Underwritten Notes Issuance Facility / Islamic Medium Term Notes Facility (MUNIF/IMTN) of MARC-2ID /A-ID ratings on MARCWatch Negative where they were first placed on May 22, 2008.  The continued MARCWatch placement highlights Oilcorp’s thin liquidity cushion relative to its significant upcoming ...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1489 views 52 downloads
MARC has affirmed the ratings of MARC-2ID /A-ID on Oilcorp Berhad’s (“Oilcorp” or “the Group”) RM70.0 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes Facility (“MUNIF/IMTN”). The outlook on the ratings is stable. The affirmed ratings reflect the Group’s average business profile underscored by its continuous dependence...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1486 views 53 downloads
Oilcorp Berhad’s (“Oilcorp”) RM70 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes Facility (“MUNIF/IMTN”) long term rating has been downgraded from AID to A-ID, and short term rating reaffirmed at MARC-2ID. The ratings have been accorded stable outlook. The rating downgrade is underpinned by the Group’s weakened financial pro...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1563 views 10 downloads
Oilcorp Berhad’s (Oilcorp) RM70 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes Facility (MUNIF/IMTN) has been affirmed at MARC-2ID/AID, reflecting Oilcorp’s position as an integrated, multidiscipline engineering, procurement and construction (EPC) services provider in various oil and gas, petrochemical, power generation, semiconductor and other relat...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1889 views 16 downloads
The MARC-2ID/AID ratings are predicated upon Oilcorp Berhad’s (Oilcorp) position as an integrated engineering, procurement and construction (EPC) services provider in various industries; strong historical profitability measures; and its low debt leverage position. The ratings, however, are moderated by the sustainability of its revenue and profits post-FY2005 given that Oilcorp’s on...


Normal Price: RM500.00       Subscriber Price: Free Download