Displaying 1821-1830 of 3676 results.
MARC has affirmed its ratings of MARC-1ID/A+ID on Weida (M) Bhd’s (Weida) RM100 million 7-year Murabahah Underwritten Notes Issuance (MUNIF)/Islamic Medium Term Notes Facility (IMTN). The outlook on the ratings is stable. The rating action incorporates the partially funded designated account that Weida has recently set up to improve the certainty of full and timely repayment of its remaining...
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MARC has affirmed its AAAID(s) rating on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) RM425 million Istisna’ Serial Bonds. The rating carries a stable outlook. The issuer is a 100%-owned subsidiary of SSHMC Holdings and Management Sdn Bhd (SSHMC Holdings), which in turn is wholly-owned by the State Financial Secretary (SFS). The rating reflects the SFS’ irre...
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MARC has assigned a final rating of A+IS(cg) with a stable outlook to KMCOB Capital Berhad's (KMCOB) RM343.1 million Sukuk Murabahah Programme upon the receipt of final documentation for its forthcoming notes issuance. The terms and conditions of the notes have not changed in any material way from the draft documents on which the earlier preliminary rating of A+IS(cg) was based.Full details on the...
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MARC has removed its AAID long-term rating on MTD InfraPerdana Bhd’s (MTD InfraPerdana) RM700.0 million Islamic Medium Term Notes (IMTN) Programme from MARCWatch Developing and withdraws its rating with immediate effect. The rating withdrawal follows the early redemption of MTD InfraPerdana’s IMTN Programme on November 29, 2011 as confirmed by the facility agent. The rating was placed ...
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MARC has withdrawn its ratings of MARC-1/AAA, MARC-1/AA and MARC-1/A on the RM87 million Class A, RM16 million Class B and RM15 million Class C notes respectively, under Gandalf Capital Sdn Bhd’s RM118 million Commercial Papers/Medium Term Notes Programme with immediate effect. The rating withdrawal follows the full redemption of outstanding notes under the programme on November 30, 2011 and...
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MARC has affirmed the short-term and long-term ratings of MRCB Sentral Properties Sdn Bhd’s (MRCB Sentral) RM400 million Commercial Papers/Medium Term Notes (CP/MTN) Programme at MARC-1(fg)/AAA(fg) with a stable outlook. The rating action affects RM400 million of outstanding notes issued under the programme. The affirmed ratings and outlook are underpinned by an unconditional and irrevocable...
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MARC has assigned a preliminary rating of A+IS(cg) to KMCOB Capital Berhad's (KMCOB) proposed RM343.1 million Sukuk Murabahah Medium-Term Notes programme (sukuk) with a stable outlook pending final documentation review. The proposed facility has the benefit of corporate guarantees from Scomi Oiltools and its existing and future principal subsidiaries and the listed entity that may be incorporated ...
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MARC has assigned a preliminary rating of AAAIS to Projek Lebuhraya Usahasama Berhad's (PLUS Berhad) proposed RM23.35 billion Sukuk Musharakah Programme under which the company is to issue senior secured sukuk pending final documentation review. The rating outlook is stable.PLUS Berhad is a wholly owned subsidiary of PLUS Malaysia Sdn Bhd (PLUS Malaysia), a 51:49 joint-venture company incorporated...
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MARC has affirmed its AAAIS rating on the outstanding RM55 million of the Series 1 RM100 million sukuk issued under IJN Capital Sdn Bhd’s (IJN Capital) RM209 million Sukuk Musyarakah Programme. The AA+ rating on the unissued Series 2 RM109 million sukuk has been withdrawn following the expiry of the facility’s drawdown period. The outlook is stable. IJN Capital is a wholly-owned specia...
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MARC has affirmed its long- and short-term financial institutions ratings of CIMB Bank Berhad (CIMB Bank) at AAA/MARC-1, reflecting the bank’s established franchise in Malaysia and strong credit profile, which is well supported by sound capital and liquidity management and resilient earnings streams. The rating also reflects MARC’s expectation of high regulatory support on the basis of...
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