Malaysian Rating Corporation Berhad (MARC) today announced that it has posted a 51% increase in pre-tax profit to RM3,047,140 for the financial year ended 31 December 2001, on the back of a 31% increase in turnover to RM6,815,425. The Chairman, Encik Mohammad Abdullah attributed the strong performance to increased activity in the bond market, which in turn was driven by improving economic fundame...

MARC is pleased to announce that for the period January to December 2001, MARC had completed a total of 34 corporate debt issue ratings, valued at RM13.58 billion. Of the 34 corporate debt issues rated, 24 were Islamic private debt securities with a total value of RM10.68 billion, constituting 78.6% of the rated value. Aseambankers Malaysia Berhad topped MARC’s Lead Managers Table for 2001, in...