MARC has affirmed the ratings of MARC-1ID /A+ID for KNM Capital Sdn Bhd’s (KNM Capital) RM300 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes (MUNIF/IMTN) programme. The outlook of the ratings is revised to negative from developing. The rating action affects outstanding notes of RM95 million under the MUNIF/IMTN programme, which will expire in October 2013.KN...

MARC has downgraded the long-term rating to A+ID from AA-ID and concurrently affirms the short-term rating at MARC-1ID of KNM Capital Sdn Bhd’s (KNM Capital) RM300.0 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes (MUNIF/IMTN) programme. The outlook of the ratings has been revised to developing from stable. The rating actions affect RM190.0 million of outstan...

MARC has affirmed its ratings on KNM Capital Sdn Bhd’s (KNMCap) RM300 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes (MUNIF/IMTN) at MARC-1ID/AA-ID. The outlook on the ratings is stable. KNMCap is a wholly-owned subsidiary and the funding conduit for KNM Group Berhad (KNM). The ratings reflect the group’s strong market position, well-diversified p...

MARC has affirmed its ratings on KNM Capital Sdn Bhd’s (KNMCap) RM300 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes (MUNIF/IMTN) at MARC-1ID /AA-ID. The outlook on the ratings is stable. KNMCap is a wholly-owned subsidiary of KNM Group Berhad (KNM) and serves as a funding conduit for the group. The ratings reflect KNM’s enhanced market position, ...

MARC has upgraded KNM Capital Sdn Bhd’s (KNMC) long-term rating from A+ID  to AA-ID, and reaffirmed its short-term rating at MARC-1 with respect to KNMC’s RM300.0 million Murabahah Underwritten Notes Issuance Facility / Islamic Medium Term Notes (MUNIF/IMTN). The rating carries a stable outlook.  KNMC is a wholly-owned subsidiary of KNM Group Berhad (KNM) and serves as the Gr...

MARC has assigned, with Positive Outlook, ratings of A+ID /MARC-1 ID to KNM Capital Sdn Bhd’s (KNMC) proposed RM300.0 million Murabahah Underwritten Notes Issuance Facility / Islamic Medium Term Notes (MUNIF/IMTN). KNMC is a wholly-owned subdisiary of KNM Group Berhad (KNM) and was created to serve as the centralised funding and treasury vehicle for the KNM group. The ratings are premised ...