Credit Analysis Reports - Category: Consumer Products
Displaying 1-10 of 31 results.
Popularity: 42 views 9 downloads
Rating action     MARC Ratings has affirmed its rating of AA- on 7-Eleven Malaysia Holdings Berhad’s RM600.0 million Medium-Term Notes (MTN) Programme with a stable outlook. The outstanding under the programme stood at RM500.0 million as at end-February 2022.Rationale     The rating incorporates 7-Eleven Holdings' established market position and strong operating tra...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 123 views 10 downloads
Rating action     MARC Ratings has assigned a rating of A+IS to Tan Chong Motor Holdings Berhad’s (TCMH) RM1.5 billion Islamic Medium-Term Notes (Sukuk Murabahah) Programme. The rating outlook is stable. The rating is confined to a RM500.0 million issuance and any further drawdown will require a reassessment of the rating.Rationale     The assigned rating incorporat...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 315 views 52 downloads
Rating action     MARC has assigned a preliminary rating of A+IS to Tan Chong Motor Holdings Berhad’s (TCMH) RM1.5 billion Islamic Medium-Term Notes (Sukuk Murabahah) Programme. The rating outlook is stable. The rating is confined to a RM500.0 million issuance and any further drawdown will require a reassessment of the rating.Rationale     The assigned rating incorp...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 242 views 51 downloads
Rating action     MARC has affirmed its rating of AA-IS  on Guan Chong Berhad’s (GCB) Sukuk Wakalah Programme of up to RM800.0 million with a stable outlook.Rationale     The affirmed rating reflects GCB’s strong position in the midstream cocoa supply chain as the largest cocoa grinder in Asia and fourth largest in the world, as well as its strong operational...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 395 views 68 downloads
Rating action     MARC has assigned a final rating of AA- to 7-Eleven Malaysia Holdings Berhad’s (7-Eleven Holdings) proposed RM600.0 million Medium-Term Notes (MTN) Programme with a stable outlook.Rationale     The assigned rating mainly reflects 7-Eleven Holdings' strong and established market position in the convenience store segment, gained from a long operating...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 300 views 42 downloads
Rating action     MARC has assigned ratings of AAAIS (CG) /MARC-1IS (CG) to funding vehicle F&N Capital Sdn Bhd’s (F&N Capital) Islamic Medium-Term Notes (IMTN) and Islamic Commercial Papers (ICP) programmes with a combined limit of up to RM3.0 billion. The ratings outlook is stable. F&N Capital is a wholly-owned subsidiary of Fraser & Neave Holdings Bhd (F&NHB...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1151 views 98 downloads
MARC has assigned a final rating of AA-IS with a stable outlook to Guan Chong Berhad’s (GCB) proposed Sukuk Wakalah Programme of up to RM800.0 million. The proposed rating incorporates GCB’s strong market position in the midstream cocoa industry, established operational track record and healthy debt coverage metrics. The rating is constrained by the group’s inherent exposure to fluctuations ...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1621 views 54 downloads
MARC has affirmed its MARC-2ID rating on MM Vitaoils Sdn Bhd’s (MMV) RM45.0 million Murabahah Commercial Paper (MCP) Programme and maintained a negative outlook on the rating. The negative outlook reflects continued concerns over insufficient operating cash flows to support the build-up of MMV’s sinking fund from August 2011 onwards to meet its first CP redemption of RM20.25 million du...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 2065 views 62 downloads
MARC has affirmed its MARC-1ID/AID ratings of Tomei Consolidated Berhad’s (Tomei) RM100.0 million Islamic Commercial Paper/Medium Term Notes (ICP/IMTN) Programme. The rating outlook is maintained at stable. The affirmed ratings took into consideration Tomei’s profitable and established domestic fine jewellery chain operations, management’s regional growth strategy and the overall...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1445 views 68 downloads
MARC has downgraded its ratings on Hytex Integrated Berhad’s (Hytex) RM100 Million Murabahah Underwritten Notes Issuance Facility / Islamic Medium Term Notes (MUNIF/IMTN) to MARC-3ID / BBB-ID from MARC-2ID /A-ID. The rating carries a developing outlook. The downgrade reflects the current strain on the apparel maker’s liquidity stemming from weaker industry fundamentals, recent ope...


Normal Price: RM500.00       Subscriber Price: Free Download