Rating action     MARC Ratings has assigned rating of A+IS to YNH Property Berhad’s (YNH) Islamic Medium-Term Notes Programme of up to RM700 million (Sukuk Wakalah). The rating carries a stable outlook.Rationale     The rating is based on YNH’s lengthy track record in property development, its low inventory level and strong profitability margins. The rating is als...

Rating action     MARC has assigned a preliminary rating of A+IS to YNH Property Berhad’s (YNH) proposed Islamic Medium-Term Notes Programme of up to RM700 million (Sukuk Wakalah). The rating carries a stable outlook.Rationale     The preliminary rating is based on YNH’s lengthy track record in property development, its low inventory level and strong profitability...