Credit Analysis Reports - Category: Construction
Displaying 1-10 of 140 results.
Popularity: 254 views 62 downloads
Rating action     MARC has affirmed its AA- and AA-IS ratings on WCT Holdings Berhad’s RM1.0 billion Medium-Term Notes (MTN) Programme and RM1.5 billion Sukuk Murabahah (Sukuk) Programme. Concurrently the rating agency affirmed its AIS rating on the RM1.0 billion Perpetual Sukuk Musharakah Programme. All ratings carry a stable outlook. Rationale     The ratings...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 248 views 23 downloads
Rating action     MARC has maintained its rating of CIS on Talam Transform Berhad’s (Talam) outstanding RM40.0 million Settlement Bithaman Ajil Islamic Debt Securities (Settlement BaIDS) as of June 9, 2021. The rating continues to reflect the substantial risk of default on the Settlement BaIDS, notwithstanding the extension of the maturity date of Talam’s Settlement BaIDS by 18 ...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 941 views 54 downloads
MARC has maintained its rating of CIS on Talam Transform Berhad’s (Talam) outstanding RM40.0 million Settlement Bithaman Ajil Islamic Debt Securities (Settlement BaIDs) as at June 5, 2020. Under the restructuring exercise undertaken by Talam in March 2019, the maturity date of the Settlement BaIDs was extended by 18 months to December 28, 2020 from June 28, 2019.The rating considers Talam's weak...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 540 views 156 downloads
MARC has affirmed its ratings on WCT Holdings Berhad’s RM1.0 billion Medium-Term Notes (MTN) Programme at AA- and its RM1.5 billion Sukuk Murabahah (Sukuk) Programme at AA-IS. The rating agency has also affirmed its rating on the RM1.0 billion Perpetual Sukuk Musharakah Programme at AIS. The outlook for all ratings is stable.The affirmed MTN and Sukuk programme ratings consider WCT Holdings’ s...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 975 views 153 downloads
MARC has affirmed the ratings of WCT Holdings Berhad’s RM1.0 billion Medium-Term Notes (MTN) Programme and RM1.5 billion Sukuk Murabahah Programme (sukuk) at AA- and AA-IS. Concurrently, MARC has assigned a final rating of A with a stable outlook to WCT Holdings’ proposed Perpetual Sukuk Musharakah Programme (perpetual sukuk) of up to RM1.0 billion. The rating outlook on the perpetual sukuk i...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 866 views 60 downloads
MARC has maintained its CIS rating on Talam Transform Berhad’s (Talam) outstanding RM45.6 million Settlement Bithaman Ajil Islamic Debt Securities (Settlement BaIDs) as at June 27, 2019. The rating action considered the extension of the maturity date of the Settlement BaIDs by 18 months to December 28, 2020 from June 28, 2019. The distressed restructuring exercise was undertaken as Talam w...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 875 views 80 downloads
MARC has affirmed its AAA(fg) rating on TRIplc Ventures Sdn Bhd’s (TVSB) RM240.0 million Senior Medium-Term Notes (Senior MTN) Programme with a stable outlook. As at January 30, 2019, the total outstanding notes under the rated programme stood at RM180.0 million. The rating reflects the credit strength of an unconditional and irrevocable guarantee provided by Danajamin Nasional Berhad (Danajami...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1108 views 141 downloads
MARC has affirmed its ratings on WCT Holdings Berhad’s RM1.0 billion Medium-Term Notes (MTN) Programme and RM1.5 billion Sukuk Murabahah Programme at AA- and AA-IS. The ratings outlook has been revised to negative from stable. The outlook revision considered the slower-than-expected progress to reduce WCT Holdings’ elevated leverage position which is unlikely to be addressed meaningful...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 894 views 57 downloads
MARC has downgraded Talam Transform Berhad’s (Talam) RM134.2 million Settlement Bithaman Ajil Islamic Debt Securities (BaIDs) rating to CIS from B-IS. The downgrade reflects the increased uncertainty of Talam’s ability to meet its upcoming final BaIDs payment of RM52.1 million on June 28, 2019. Talam has been undertaking asset disposals, particularly land parcel sales in the Klang Valley...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1229 views 50 downloads
MARC has affirmed its AAA(fg) rating on TRIplc Ventures Sdn Bhd’s (TVSB) RM240 million Senior Medium-Term Notes (Senior MTN) Programme with a stable outlook. As at October 12, 2017, the total outstanding notes under the rated programme stood at RM200 million. The rating reflects the credit strength of an unconditional and irrevocable guarantee provided by Danajamin Nasional Berhad (Danajamin) o...


Normal Price: RM500.00       Subscriber Price: Free Download