Press Releases - Date: Two Weeks Ago
Displaying 1-3 of 3 results.
Thursday, Jun 13, 2024
MARC Ratings has affirmed its rating of AA-IS on Grand Sepadu (NK) Sdn Bhd’s RM210.0 million Sukuk Murabahah. Concurrently, the rating outlook has been revised to positive from stable. The outlook revision considers Grand Sepadu’s steadily improving leverage and coverage ratios, supported by a disciplined approach to dividend distribution. Its overall debt has continued to decline under t...

This article has been viewed 30 times.
Wednesday, Jun 12, 2024
MARC Ratings has affirmed its ratings on Trusmadi Capital Sdn Bhd’s Issue 1 RM235 million Class A, RM40 million Class B and RM25 million Class C Medium-Term Notes (MTN) at AAA, AA, and A. The rating agency has also affirmed its MARC-1 rating on Trusmadi Capital’s Issue 1 RM300 million Commercial Papers (CP). The MTN and CP are subject to a combined issuance limit of RM300 million. The ratings ...

This article has been viewed 26 times.
Tuesday, Jun 11, 2024
MARC Ratings has affirmed its AA+/MARC-1 financial institution (FI) ratings on China Construction Bank (Malaysia) Berhad (CCBM) with a stable outlook.The long-term FI rating of AA+ is notched down from the AAA FI rating of its parent, China Construction Bank Corporation (CCB). The one-notch rating differential is in line with MARC Ratings’ notching criteria that considers CCBM as a strategically...

This article has been viewed 30 times.