Displaying 271-280 of 582 results.
MARC has affirmed its AAA(bg) and MARC-1(bg) ratings on Mega Palm Sdn Bhd’s (Mega Palm) Bank Guaranteed Medium Term Notes (BG MTN) of up to RM70 million and Bank Guaranteed Commercial Papers (BG CP) of up to RM80 million respectively. The outlook for the ratings is stable.The rating action affects the outstanding BG MTN of RM10 million and BG CP of RM40 million. The affirmed rating and stabl...
This article has been viewed 1202 times.
MARC has withdrawn its rating of AAAIS(fg) on 1 Warisan Sdn Bhd’s RM170 million Islamic Medium Term Notes (IMTN) Programme. The rating withdrawal follows the early redemption of the outstanding notes and the cancellation of the facility on September 27, 2012 as confirmed by its facility agent, MIMB Investment Bank Berhad.Contacts: Nisha Fernandez. +603-2082 2269/ nisha@marc.com.my;Rajan Para...
This article has been viewed 1222 times.
MARC has assigned a final rating of AAAIS with a stable outlook to Putrajaya Holdings Sdn Bhd’s (Putrajaya) RM3.0 billion Sukuk Musharakah Programme upon the receipt of final documentation for its forthcoming issuance. The terms and conditions of the Sukuk Musharakah Programme have not changed in any material way from the draft documents on which the earlier preliminary rating of AAAIS was b...
This article has been viewed 1542 times.
MARC affirms its MARC-1/AAA rating of Inverfin Sdn Bhd’s (Inverfin) RM160.0 million Class A Notes issued under its RM200.0 million commercial papers/medium term notes (CP/MTN) programme. The programme allows for the issuance of junior Class B notes which would carry a rating of MARC-1/AA; however, Inverfin currently has no outstanding Class B notes issued under this programme. The ratings co...
This article has been viewed 1476 times.
MARC continues to maintain the rating of B+ID on Trinity Corporation Berhad’s (Trinity) outstanding RM93.9 million Settlement Bithaman Ajil Debt Securities (Settlement BaIDS) on MARCWatch Negative where it was first placed on May 25, 2012. MARC’s rating action is based on the potential cross-default risk on the Settlement BaIDS following the default of Trinity’s wholly-owned subs...
This article has been viewed 1234 times.
MARC has affirmed its short-term and long-term ratings on 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...
This article has been viewed 1515 times.
MARC has assigned a preliminary rating of AAAIS to Putrajaya Holdings Sdn Bhd’s (PJH) RM3.0 billion Sukuk Musharakah Programme with a stable outlook. Concurrently, MARC has affirmed its AAAID and AAAIS ratings on PJH’s existing Islamic debt issuances with a stable outlook. A complete list of the affirmed ratings and rated issuances is provided at the end of this announcement.Proceeds f...
This article has been viewed 1517 times.
MARC has affirmed its ratings on LBS Bina Group Bhd’s (LBS Bina) RM135 million Islamic Commercial Papers/Islamic Medium Term Notes (ICP/IMTN) Programme at MARC-1IS(fg) /AAAIS(fg) with a stable outlook. The affirmed ratings and stable outlook are underpinned by an unconditional and irrevocable Kafalah Guarantee provided by Danajamin Nasional Berhad (Danajamin) in relation to the Programme. MA...
This article has been viewed 1427 times.
MARC has withdrawn its MARC-1ID/AAAID ratings on Putrajaya Holdings Sdn Bhd’s (PJH) RM1.5 billion Murabahah Commercial Papers/Medium Term Notes Programme with immediate effect following the cancellation of the programme as confirmed by its facility agent, AmInvestment Bank Berhad. There was no outstanding amount at the time of cancellation.MARC’s analytical coverage on PJH is now limit...
This article has been viewed 1461 times.
MARC has affirmed its rating of AAAIS(fg) on 1 Warisan Sdn Bhd’s (1 Warisan) RM170.0 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) in relation to the IMTN Programme. MARC currently rates Danajamin’...
This article has been viewed 1410 times.