Credit Analysis Reports - Category: Financial Institution
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Rating action           MARC Ratings has affirmed its rating of A/Stable on Singer (Malaysia) Sdn Bhd’s RM300.0 million Medium-Term Notes (MTN) Programme. The outstanding under the programme as at end-September 2023 stood at RM101.0 million.      RationaleThe affirmed rating reflects Singer’s long and profitable track record in selling and fina...


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Rating action          MARC Ratings has assigned a final rating of MARC-1 to CGS-CIMB Securities Sdn Bhd’s (CGS-CIMB) Commercial Papers (CP) Programme of up to RM1.0 billion in nominal value. Concurrently, the rating agency has assigned a non-bank financial institution (NBFI) rating of AA to CGS-CIMB with a stable outlook.RationaleCGS-CIMB’s growing business profi...


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Popularity: 315 views 44 downloads
Rating action          MARC Ratings has assigned a final rating of A with a stable outlook to Singer (Malaysia) Sdn Bhd’s (Singer) RM300.0 million Medium-Term Notes (MTN) Programme. RationaleThe rating incorporates Singer’s long and profitable track record in selling and financing consumer durables and motorcycles, underpinned by strong operating profit margi...


Normal Price: RM500.00       Subscriber Price: Free Download