MARC has affirmed its ratings on Goodway Integrated Industries Bhd’s (Goodway) RM80.0 million Murabahah Notes Issuance Facility/Islamic Medium Term  Notes (MUNIF/IMTN) at MARC-2ID/AID. The rating outlook has been revised to stable from negative. The outlook revision takes into consideration the group’s demonstrated efforts to reduce its gearing levels to below the covenanted level...

MARC has affirmed its MARC-2ID /AID ratings on Goodway Integrated Industries Berhad’s (Goodway) RM80 million Murabahah Notes Issuance Programme/Islamic Medium Term Notes Programme (MUNIF/IMTN). The outlook on the ratings is maintained at negative. The affirmed ratings take into consideration Goodway’s competitive position as a major domestic producer of rubber compounds and leading pro...

MARC has affirmed its MARC-2ID/AID ratings on Goodway Integrated Industries Berhad’s (Goodway) RM80 million Murabahah Notes Issuance Programme/Islamic Medium Term Notes (MUNIF/IMTN) Programme and at the same time revised its outlook to developing from stable. The ratings reflect Goodway’s competitive position as the largest domestic producer of rubber compounds and as a market leader i...

MARC has affirmed the long and short-term ratings of Goodway Integrated Industries Berhad’s (Goodway) RM80 million Partially Underwritten Murabahah Notes Issuance Facility / Islamic Medium Term Notes Programme, at Marc-2ID /AID. The factors supporting the ratings affirmation include its improving profitability, the company’s market position as one of the leading domestic manufacturers ...

MARC has downgraded the long-term rating of Goodway Integrated Industries Berhad’s (Goodway) RM80 million Partially Underwritten Murabahah Notes Issuance Facility/Islamic Medium Term Notes Programme, from a rating of A+ID to AID. The short-term rating however is reaffirmed at Marc-2ID. The downgrade reflects the risks associated with the company’s venture into the manufacture of Off-th...

MARC has assigned a rating of A+ID/ Marc-2ID to Goodway Integrated Industries Berhad’s (Goodway) RM80 million Partially Underwritten Murabahah Notes Issuance Facility / Islamic Medium Term Notes Programme, reflecting the Group’s position as a leader in the formulation and development of various rubber and technical compound products in Malaysia; wide network of clients in both the lo...