MARC has downgraded the rating of Perspektif Perkasa Sdn Bhd’s (“PPSB”) RM188 million Murabahah Underwritten Notes Issuance Facility (“MUNIF”) from MARC-3ID to MARC-4ID. Concurrently, the rating has also been placed on MARCWatch with a Negative Outlook. PPSB is the developer of Bandar Pinggiran Cyber, an 800-acre township to be located at the fringe of Cyberjaya.MAR...

MARC has affirmed the rating of MARC-3ID assigned to Perspektif Perkasa Sdn Bhd’s (PPSB) RM188 million nominal value Murabahah Underwritten Notes Issuance Facility (MUNIF). The rating is reflective of the positioning of Bandar Pinggiran Cyber as an affordable integrated township driven by the competitive pricing of its residential development vis-à-vis other property developments w...