Credit Analysis Reports - Category: Property
Displaying 91-100 of 363 results.
Popularity: 1257 views 112 downloads
MARC has affirmed its ratings on Sunway Berhad’s issuances under the RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) programmes at MARC-1/AA-. Concurrently, the ratings on Sunway Treasury Sukuk Sdn Bhd’s issuances under the RM2.0 billion Sukuk Programme and RM10.0 billion Islamic Commercial Paper/ Islamic Medium-Term Notes (ICP/ IMTN) programmes have been affirmed at MARC-1IS(cg)/A...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1520 views 85 downloads
MARC has affirmed its AAAIS rating with a stable outlook on Putrajaya Bina Sdn Bhd’s (PBSB) RM1.58 billion Islamic Medium-Term Notes (Sukuk Wakalah) Programme. Wholly owned by Putrajaya Holdings Sdn Bhd (PJH), PBSB undertook the development of nine blocks of government office buildings and one block of shared facilities in Parcel F, Precinct 1 in Putrajaya under a concession agreement with...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1407 views 113 downloads
MARC has affirmed its ratings on Putrajaya Holdings Sdn Bhd’s (PJH) issuances under the following programmes: RM370.0 million Sukuk Musharakah Programme (due 2030) at AAAIS / stable; RM3.0 billion Sukuk Musharakah Programme (due 2032) at AAAIS / stable; and RM1.5 billion Sukuk Musharakah Medium-Term Notes (MTN) Programme (due 2033) at AAAIS / stable. The ratings are mainly pre...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 952 views 38 downloads
MARC has affirmed its rating for Central Impression Sdn Bhd’s (CISB) 11-year Fixed Rate Serial Bonds of RM120.0 million at AA-. The rating outlook has been revised to negative from stable. The revised outlook reflects CISB’s reduced cash buffer mainly due to an unexpected tax liability arising from underpayments in prior years. This could potentially lead to a covenant breach of the debt...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1141 views 43 downloads
MARC has affirmed its AAA and MARC-1 ratings on Kinabalu Capital Sdn Bhd’s RM20 million Class A Medium-Term Notes (MTN) and RM200 million Commercial Papers (CP) under Issue 1. The aggregate outstanding nominal value of MTN and CP programmes under Issue 1 is capped at RM220 million. The outlook remains stable. Kinabalu Capital is wholly owned by MRCB-Quill REIT (MQ REIT), a real estate inve...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1105 views 63 downloads
MARC has lowered Titijaya Land Berhad’s (Titijaya) RM150 million Islamic Commercial Papers (ICP) Programme to MARC-2IS from MARC-1IS. The outstanding notes under the programme stood at RM50.0 million as at end-June 2019. The rating action reflects the increased concerns on Titijaya’s business and credit profile arising from the prevailing weak property market. In particular, pressure on ...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1201 views 108 downloads
MARC has affirmed its AAAIS rating on Aman Sukuk Berhad’s (Aman) Islamic Medium-Term Notes (IMTN) programme of up to RM10.0 billion with a stable outlook. The outstanding IMTNs under the rated programme stood at RM4.25 billion as at July 31, 2019. The rating is premised on the credit strength of the Malaysian government to meet the sublease rental obligations on 74 developments for the Pol...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1281 views 65 downloads
MARC has affirmed its ratings of AAA, AA and B- on Special Coral Sdn Bhd’s RM250.0 million Senior Class A Medium-Term Notes (MTN) (Class A MTN), RM50.0 million Senior Class B MTN (Class B MTN) and RM800.0 million Subordinated Class MTN. The ratings outlook is stable. As at April 1, 2019, Special Coral had outstanding Senior Class A MTN of RM200.0 million and Subordinated Class MTN of RM506.3 mi...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1297 views 39 downloads
MARC has affirmed its long-term ratings of AAA, AA and A on Kinabalu Capital Sdn Bhd’s Issue 2 Medium-Term Notes (MTN) of RM130 million Class A, RM25 million Class B and RM15 million Class C. Concurrently, MARC also affirmed its MARC-1 rating on Kinabalu Capital’s issue of up to RM170 million Commercial Papers (CP). The outlook on all ratings is stable. The issuance of the rated MTN an...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 1253 views 74 downloads
MARC has affirmed its MARC-1 rating but lowered its AA rating to AA- on Murud Capital Sdn Bhd’s Senior Commercial Papers/Medium-Term Notes (Senior CP/MTN) programme of up to RM290 million. The ratings outlook remains negative. The rating action assumes a reduction of RM35 million in the outstanding amount of RM279 million of Senior CP/MTN to...


Normal Price: RM500.00       Subscriber Price: Free Download