Credit Analysis Reports - Category: Trading/Services
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MARC has affirmed its AA-ID and AID ratings on Alpha Circle Sdn Bhd’s (Alpha Circle) RM345.0 million Senior Musharakah Medium Term Notes (MMTN) programme and RM35.0 million Junior MMTNs respectively. The ratings carry a stable outlook. The ratings affirmation incorporates the strong performance of Alpha Circle due to the higher-than-projected issuance of foreign work permits for which fixed ...


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MARC has assigned ratings of AA-ID and AID with a stable outlook to Alpha Circle Sdn Bhd's (Alpha Circle) RM345.0 million Senior Musharakah Medium Term Notes (Senior MMTN) programme and RM35.0 million Junior MMTNs respectively.The issuer, a wholly-owned subsidiary of NERS Sdn Bhd (NERS), will onlend the proceeds raised from the issuance of the notes to its parent for the purpose of refinancing exi...


Normal Price: RM500.00       Subscriber Price: Free Download