Rating action          MARC Ratings has affirmed its AA-IS(cg) rating on Point Zone (M) Sdn Bhd’s Sukuk Wakalah Programme guaranteed by KPJ Healthcare Berhad (KPJ). The rating outlook has been revised to positive from stable.      Point Zone is a funding conduit set up by KPJ solely for the purpose of issuing the sukuk. The rating reflects the cr...

Rating actionMARC Ratings has affirmed its AA-IS(cg) rating on Point Zone (M) Sdn Bhd’s (Point Zone) Sukuk Wakalah Programme guaranteed by parent KPJ Healthcare Berhad (KPJ). Point Zone is a funding conduit set up by KPJ solely for the purpose of issuing the sukuk. The rating reflects the credit strength of KPJ by virtue of the corporate guarantee. The rating outlook is stable. Total outstanding...

Rating action     MARC Ratings has assigned rating of AA-IS(CG)  to Point Zone (M) Sdn Bhd’s (Point Zone) proposed Islamic Medium-Term Notes (IMTN) programme (Sukuk Wakalah Programme) of up to RM3.0 billion. The rating reflects the credit strength of KPJ Healthcare Berhad, the parent of Point Zone, that is providing a corporate guarantee on the proposed programme. The rating ...