MARC has affirmed Maxtral Industry Berhad’s (Maxtral) RM80 million Al-Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS) Facility and RM20 million Murabahah Underwritten Notes Issuance Facility/Murabahah Medium Term Notes Issuance Facility (MUNIF/MMTN) ratings at  AID / MARC-2ID  with a stable outlook. The affirmation reflects Maxtral’s strengthening financials underpin...

The long and short term ratings of AID/MARC-2ID assigned to Maxtral Industry Berhad’s (Maxtral) RM80 million Al-Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS) Facility and RM20 million Murabahah Underwritten Notes Issuance Facility/Murabahah Medium Term Notes Issuance Facility (MUNIF/MMTN) are underpinned by Maxtral Industry Berhad and its subsidiaries’ (Group) operating track record sup...