Displaying 1331-1340 of 3676 results.
MARC has affirmed the following ratings on Tradewinds Plantation Capital Sdn Bhd’s (Tradewinds Plantation Capital) Islamic debt issuances of up to RM400 million: AAAIS and AA+IS ratings on RM60.0 million Class A and RM30.0 million Class B asset-backed Sukuk Ijarah respectively; MARC-1ID(bg)/AAAID(bg) ratings on RM100.0 million Bank Guaranteed Murabahah Commercial Paper/Medium Term Notes (BG...
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MARC has affirmed its long-term and short-term financial institution ratings of AAA/MARC-1 on The Bank of East Asia, Limited (BEA). The outlook on the ratings is stable. The affirmed rating reflects the bank’s capacity to meet its financial obligations on the Malaysian national rating scale. Hong Kong-based BEA has a well-established banking franchise, characterised by sound asset qualit...
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MARC has affirmed A+, A and BBB+ ratings on RCE Advance Sdn Bhd’s (RCEA) outstanding Class A, Class B and Class C notes of RM45 million, RM35 million and RM60 million respectively under its RM420 million Fixed Rated Medium Term Notes (MTN) Programme. The outlook on the ratings is revised to negative from stable. RCEA acquired six collateral pools consisting of identified eligible receivable...
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MARC has assigned a final rating of AIS to DRB-HICOM Berhad’s (DRB-HICOM) Perpetual Sukuk Musharakah Programme (Perpetual Sukuk) of up to RM2.0 billion. The outlook for the rating is stable. Upon review of the final documentation of the issuance, MARC is satisfied that the terms and conditions of the Perpetual Sukuk have not changed in any material way from the draft docume...
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MARC has affirmed its rating of AAA(fg) on special purpose vehicle Segi Astana Sdn Bhd's (Segi Astana) RM470.0 million Medium-Term Notes (MTN) programme with a stable outlook. The rating reflects the credit strength of the unconditional and irrevocable financial guarantee provided by Danajamin Nasional Berhad which carries MARC’s financial strength rating of AAA/Stable.Segi Astana’s s...
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MARC has affirmed the long-term and short-term financial institution ratings of AA-/MARC-1 on KAF Investment Bank Berhad (KAF Investment). The outlook on the ratings is stable. The affirmed ratings reflect KAF Investment’s strong capital adequacy position and healthy liquidity levels, underpinned by a conservative investment strategy. The ratings are moderated by the investment bank’s...
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MARC has affirmed the ratings of AA-IS and AIS on funding vehicle Alpha Circle Sdn Bhd’s (Alpha Circle) RM540 million Senior Sukuk Musharakah (Senior Sukuk) and RM55 million Junior Sukuk Musharakah (Junior Sukuk) respectively under a Sukuk Musharakah programme. The ratings carry a stable outlook. The two-notch rating differential between the Senior Sukuk and the Junior Sukuk reflects the la...
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MARC has affirmed its AAAID rating on Gas District Cooling (Putrajaya) Sdn Bhd’s (GDC Putrajaya) RM300 million Al-Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS) with a stable outlook. The affirmed rating incorporates the continued support extended by parent Putrajaya Holdings Sdn Bhd (PJH) and ultimate holding company Petroliam Nasional Berhad (PETRONAS) to GDC Putrajaya to meet i...
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MARC has assigned final ratings to Berjaya Land Berhad’s (BLand) 10-year RM650.0 million guaranteed Medium-Term Notes (MTN) programme at AAA(fg) for the RM500.0 million portion guaranteed by Danajamin Nasional Berhad (Danajamin) and AAA(bg) for the RM150.0 million guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia). The outlook for the ratings is stable. Upon review ...
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MARC has affirmed its AA-IS rating on Malakoff Power Berhad’s (MPower) RM5.38 billion Sukuk Murabahah. The outlook on the rating is stable. MPower undertakes the operations and maintenance (O&M) of several independent power producers (IPP) of its parent, Malakoff Corporation Berhad (Malakoff), an investment holding company with 7,249.4 megawatts (MW) of gross power generating capacity i...
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