Rating action     MARC has affirmed its ratings of MARC-1IS /AA-IS on UEM Edgenta Berhad’s Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) under the Sukuk Murabahah Programme of up to RM1.0 billion. The ratings outlook is stable. The outstanding sukuk stood at RM250.0 million as at end-November 2021.Rationale     The affirmed ratings are driven ...

Rating action     MARC has affirmed its ratings of MARC-1IS /AA-IS on UEM Edgenta Berhad’s Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) under its Sukuk Murabahah programme of up to RM1.0 billion. The ratings outlook remains stable.Rationale     The affirmed ratings are driven by UEM Edgenta’s strong business and financial profile from long-...

MARC has affirmed its ratings of MARC-1IS /AA-IS on UEM Edgenta Berhad’s Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) under its Sukuk Murabahah programme of up to RM1.0 billion. The ratings outlook is stable. The affirmed ratings reflect UEM Edgenta’s strong business and financial profile, stemming mainly from long-term contracts in its growing regional healthcare ...

MARC has affirmed its ratings of MARC-1IS /AA-IS on UEM Edgenta Berhad’s Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) under its Sukuk Murabahah programme of up to RM1.0 billion. The ratings outlook is stable . UEM Edgenta is majority owned by UEM Group Berhad, a wholly-owned subsidiary of Khazanah Nasional Berhad with significant business interests in key economic s...

MARC has affirmed its ratings of MARC-1IS /AA-IS on UEM Edgenta Berhad’s Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) under its Sukuk Murabahah programme of up to RM1.0 billion. The outlook on the ratings is stable. UEM Edgenta is majority-owned by UEM Group Berhad, a government-linked entity with significant business interests in key economic sectors. The affirmed ...

MARC has assigned ratings of MARC-1IS/ AA-IS to UEM Edgenta Berhad’s (UEM Edgenta) Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) under its Sukuk Murabahah Programme (Sukuk Murabahah) of up to RM1.0 billion. The outlook on the ratings is stable. UEM Edgenta’s long-term ratings are underpinned by MARC’s assessment of parental support from UEM Group Berhad. The rating ag...