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MARC has upgraded Gas Malaysia Sdn Bhd’s (“Gas Malaysia”) long-term rating to AAAID from AA+ID and reaffirmed its short term rating at MARC-1ID with respect to its RM200.0 million Al-Murabahah Commercial Papers/Medium Term Notes Programme (“CP/MTN”) and RM500.0 million Al-Murabahah Medium Term Notes Programme (“MTN”). The ratings outlook is stable. The upg...
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MARC has reaffirmed the ratings of Gas Malaysia Sdn Bhd’s (Gas Malaysia) RM200 million Al-Murabahah Commercial Paper/Medium Term Notes (CP/MTN) Programme and RM500 million Al-Murabahah Medium Term Notes (MTN) Issuance Programme at MARC-1ID/AA+ID and AA+ID (Islamic Debt) respectively with stable outlook. The ratings continue to reflect its strong ownership structure; highly regulated industry...
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The ratings of Gas Malaysia Sdn Bhd’s (Gas Malaysia) RM200.0 million Al-Murabahah Commercial Paper/Medium Term Notes (CP/MTN) Programme and RM500.0 million Al-Murabahah Medium Term Notes (MTN) Issuance Programme have been affirmed at MARC-1ID/AA+ID and AA+ID (Islamic Debt) respectively, reflecting its strong ownership structure, highly regulated industry, dominant position in the gas distributio...
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MARC has assigned ratings of MARC-1ID / AA+ID and AA+ID respectively to Gas Malaysia Sdn Bhd’s (Gas Malaysia) Al-Murabahah Commercial Paper/Medium Term Notes (CP/MTN) Programme and Al-Murabahah Medium Term Notes (MTN) Issuance Programme. The ratings reflect its strong ownership structure, highly regulated industry, dominant position in the gas distribution business, efficient operations and a s...
This article has been viewed 1454 times.
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