MARC continues to maintain KMCOB Capital Berhad's (KMCOB Capital) AA-ID(CG) rating for its RM630 million Murabahah Medium Term Notes (MTN) facility on MARCWatch Developing where it has been placed since December 30, 2009. MARC expects to resolve the Developing Watch within the next three months upon completion of Scomi Group Bhd's (Scomi) recently announced debt rationalisation exercise for Scomi ...

MARC has affirmed its AA-ID(cg) rating on KMCOB Capital Berhad’s (KMCOB Capital) RM630.0 million Murabahah Medium Term Notes (MMTN) facility. At the same time, MARC has revised the outlook on the rating to negative from stable. KMCOB Capital is an indirect wholly-owned subsidiary of Scomi Oilfield Limited (SOL), the investment holding company of Scomi Group Berhad’s (Scomi) oilfield se...

MARC has affirmed the AA- ID (cg) rating on KMCOB Capital Berhad’s (“KMCOB Capital”) RM630.0 million Murabahah Medium Term Notes (“MMTN”) facility. The outlook for the rating is stable. KMCOB Capital is an indirect wholly-owned subsidiary of Scomi Oilfields Limited (“SOL”), the investment holding company of Scomi Group Bhd’s (“Scomi”) oil...

MARC has assigned a long-term rating of AA-ID (cg) to KMCOB Capital Berhad’s (“KCB”) RM630 million Murabahah Medium Term Notes (“MMTN”) facility. The “cg” suffix depicts the Corporate Guarantee by its 100% shareholder KMC Oiltools (Bermuda) Ltd (“KMCOB”). Pursuant to the completion of a restructuring exercise, KMCOB will be the holding compan...