Displaying 1801-1810 of 3676 results.
MARC has affirmed its AAAID /MARC-1ID and AAAIS ratings on Putrajaya Holdings Sdn Bhd’s (PJH) Islamic debt issuances as follows:- RM570 million Bai Bithaman Ajil (BBA) Bonds Issuance Facility (due 2013) RM850 million BBA Bonds Issuance Facility (due 2013) RM850 million BBA Serial Bonds Issuance Facility (due 2015) RM1.5 billion Murabahah Notes Issuance (MUNIF) Facility (due 2015)RM2.2 billio...
This article has been viewed 1280 times.
MARC has affirmed its ratings of A+, A and BBB+ on outstanding Class A, B and C notes issued by RCE Advance Sdn Bhd (RCEA) under its RM420 million Fixed Rate Medium Term Notes Programme. The ratings affect RM100 million of outstanding notes under Class A, RM98.5 million under Class B and RM60 million under Class C. The ratings outlook has been revised to stable from negative.RCEA is a special purp...
This article has been viewed 1492 times.
MARC has assigned its AAA rating on The Export-Import Bank of Korea’s (KEXIM) proposed RM1.0 billion Medium Term Notes (MTN) Programme. At the same time, the agency has affirmed its AAA and AAAID ratings on KEXIM’s conventional and Islamic MTN Programmes with a combined nominal value of RM3.0 billion. The outlook on the ratings is stable. The ratings reflect KEXIM’s key rol...
This article has been viewed 1475 times.
MARC has affirmed Alloy Properties Sdn Bhd’s (APSB) RM240 million Sukuk Musyarakah Medium Term Notes (IMTN) Programme rating at AAIS. Concurrently, MARC has removed APSB’s rating from MARCWatch Negative where it had been placed on August 22, 2011. The rating outlook is stable. The rating action concludes MARC’s review of the issue rating initiated in August 2011 following the ear...
This article has been viewed 1421 times.
MARC has withdrawn its BBIS and MARC-4IS Sukuk ratings on funding vehicle Offshoreworks Capital Sdn Bhd (OWC). The rating action affects RM200.0 million of outstanding Sukuk Musyarakah and RM150.0 million of outstanding Musyarakah Commercial Paper/Medium Term Notes (MCP/MMTN). Since the rating agency's decision to continue to maintain the Sukuk ratings on review for further downgrade on December 1...
This article has been viewed 1312 times.
MARC has removed its AA-IS rating on DRIR Management Sdn Bhd’s (DRIRM) RM160 million Class B Sukuk Ijarah Medium Term Notes (sukuk) from MARCWatch Developing and withdraws its rating with immediate effect. The rating withdrawal follows the full redemption of the sukuk on December 30, 2011, as confirmed by the facility agent. The rating was placed on MARCWatch Developing on September 30, 2011...
This article has been viewed 1262 times.
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...
This article has been viewed 1748 times.
MARC has withdrawn its rating of A+ID(cg) on KMCOB Capital Berhad's (KMCOB) RM630 million Murabahah Medium-Term Notes Programme with immediate effect. The rating withdrawal follows the full redemption of outstanding notes under the programme on December 14, 2011 and the cancellation of the programme as confirmed by the facility agent.Contacts: Sabesh Parameswaran, +603-2082 2260/ sabesh@marc.com.m...
This article has been viewed 1492 times.
MARC has affirmed its AAAID long-term rating on Gas District Cooling (Putrajaya) Sdn Bhd’s (GDC Putrajaya) RM300 million Al-Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS). The rating outlook is maintained at stable. The rating reflects GDC Putrajaya’s position as the sole producer and supplier of chilled water for the air-conditioning needs of all government premises and comm...
This article has been viewed 1443 times.
MARC has affirmed its financial institution rating of AAA on The Bank of East Asia, Limited (BEA). The rating is based on MARC's assessment of the bank's capacity to meet its financial obligations on the Malaysian national rating scale. The outlook on the rating is stable. BEA’s rating is underpinned by its long-established banking franchise in Hong Kong and mainland China, its strong asset ...
This article has been viewed 1491 times.