Rating action         MARC Ratings has affirmed its AA-IS rating on SHC Capital Sdn Bhd’s RM80.0 million issuance under its RM200 million Islamic Medium-Term Notes (Sukuk Wakalah) Programme with a stable outlook. There is no further drawdown expected, but any drawdown will require a reassessment of the rating. Rationale      SHC Capital is a whol...

Rating action     MARC Ratings has affirmed its AA-IS rating on SHC Capital Sdn Bhd’s (SHC Capital) RM80.0 million sukuk issued under its RM200 million Islamic Medium-Term Notes Programme (Sukuk Wakalah), with a stable outlook. There is no further drawdowns expected in the medium term. Any further drawdowns will require a re-assessment from MARC Ratings.Rationale    &nbs...

Rating action     MARC has affirmed its AA-IS rating on SHC Capital Sdn Bhd’s (SHC Capital) RM80.0 million sukuk issued under its RM200 million Islamic Medium-Term Notes Programme (Sukuk Wakalah). The rating outlook is stable. There are no expectations of further drawdowns in the medium term. Any further drawdowns will require a re-assessment from MARC.Rationale     ...

MARC has assigned a rating of AA-IS to special-purpose vehicle SHC Capital Sdn Bhd’s (SHC Capital) RM80.0 million issuance under its RM200 million Islamic Medium-Term Notes (Sukuk Wakalah). The rating outlook is stable. There are no expectations of further drawdown in the medium term. Any further drawdown, however, will require a re-assessment on the rating. SHC Capital is a 100%-owned subs...