Press Releases - Category: Property
Displaying 241-250 of 582 results.
Monday, Dec 30, 2013
MARC has affirmed its ratings of AAAID(bg) and MARC-1ID(s) on property developer Horizon Hills Development Sdn Bhd’s (Horizon Hills) Islamic Bank Guaranteed Medium Term Notes (IMTN) Programme of up to RM200 million and Islamic Commercial Papers (ICP) Programme of up to RM70 million respectively. The ratings carry a stable outlook. The affirmed rating on the IMTN Programme is based on the unc...

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Friday, Dec 13, 2013
MARC has affirmed its rating of AAA(fg) on Segi Astana Sdn Bhd's (Segi Astana) RM470.0 million Medium Term Notes (MTN) programme with a stable outlook. The rating is underpinned by the unconditional and irrevocable financial insurer guarantee provided by Danajamin Nasional Berhad (Danajamin). MARC currently rates Danajamin’s financial strength as AAA/Stable on the basis of its status as a go...

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Monday, Dec 02, 2013
MARC has affirmed the ratings of MARC-1(fg)/AAA(fg) on Syarikat Kapasi Sdn Bhd’s (Kapasi) RM200 million Commercial Papers/Medium Term Notes (CP/MTN) Programme with a stable outlook. The affirmed rating and outlook are premised on the unconditional and irrevocable financial guarantee provided by Danajamin Nasional Berhad (Danajamin) for the CP/MTN Programme. MARC has a current rating of AAA/s...

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Tuesday, Nov 26, 2013
MARC has affirmed its AAAIS rating on special purpose vehicle Aman Sukuk Berhad’s (Aman) Islamic Medium Term Notes (IMTN) programme of up to RM10.0 billion with a stable outlook. Aman was set up by its parent Pembinaan BLT Sdn Bhd (PBLT), a wholly-owned entity of Government of Malaysia (GoM), to issue the IMTNs to finance the construction of police quarters and facilities for Polis DiRaja Ma...

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Tuesday, Oct 29, 2013
MARC has affirmed the rating of AAAIS(fg) on Symphony Life Berhad’s (Symphony Life) RM230 million  seven-year Islamic Medium Term Notes (IMTN) Programme with a stable outlook. The affirmed rating and outlook are underpinned by an unconditional and irrevocable Kafalah Guarantee provided by Danajamin Nasional Berhad (Danajamin) on the IMTN Programme. MARC currently rates Danajamin at AAA/...

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Friday, Sep 27, 2013
MARC has affirmed its AAAID and AAAIS ratings on Putrajaya Holdings Sdn Bhd’s (PJH) Islamic debt issuances as follows:-  (i)   RM3.0 billion Sukuk Musharakah Programme (due 2032) (ii)  RM1.5 billion Sukuk Musharakah Medium Term Notes (MTN) Programme (due 2033) (iii) RM1.5 billion Murabahah Notes Issuance Facility (MUNIF) (due 2015) (iv) RM2.2 billion M...

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Friday, Aug 16, 2013
MARC has affirmed its ratings on MRCB Sentral Properties Sdn Bhd’s (MRCB Sentral) outstanding RM400 million Commercial Papers/Medium Term Notes (CP/MTN) Programme at MARC-1(fg)/AAA(fg) with a stable outlook. The affirmed ratings and outlook are underpinned by an unconditional and irrevocable financial guarantee provided by Danajamin Nasional Berhad (Danajamin) for the CP/MTN Programme. MARC ...

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Friday, Aug 02, 2013
MARC has withdrawn its AAAID rating on Putrajaya Holdings Sdn Bhd’s (PJH) RM850 million BBA Bonds with immediate effect. The rating withdrawal follows the early redemption of RM100 million of outstanding bonds on July 31, 2013 as confirmed by the facility agent, RHB Investment Bank Berhad.MARC’s analytical coverage on PJH is now limited to the following debt issuances:RM1.5 billion Mur...

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Thursday, Aug 01, 2013
MARC has affirmed its rating on Trinity Corporation Berhad’s (Trinity) outstanding RM92.8 million Settlement Bithaman Ajil Debt Securities (Settlement BaIDs) at B-ID. The outlook is revised to stable from negative. The affirmed rating reflects Trinity’s weak business and financial profile arising from the group’s restricted ability to undertake new development projects and its co...

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Wednesday, Jul 10, 2013
MARC has withdrawn its AAAID ratings on Putrajaya Holdings Sdn Bhd’s (PJH) RM570 million Al-Bai Bithaman Ajil (BBA) Bonds and RM850 million BBA Bonds with immediate effect following the final redemption of the bonds as confirmed by its facility agent, RHB Investment Bank Berhad.MARC’s analytical coverage on PJH is now limited to the following rated debt issuances:RM850 million BBA Seri...

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