Displaying 3211-3220 of 3676 results.
The rating of Kwantas Corporation Berhad (KCB) has been reaffirmed at A+ID, underpinned by the integrated nature of the KCB Group’s palm oil operations; its expanding activities namely, the establishment of operations in China (Guangzhou and Zhangjiagang), the commercialization of renewable bio-mass energy and the Group’s strengthening financial profile.KCB Group’s credit strength is drawn f...
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MARC has received confirmation from the facility agent that Pembinaan Mitrajaya Sdn Bhd’s RM55 million BaIDS has been fully redeemed. As such, MARC no longer has any rating obligation on the bonds and the A-ID rating is hereby withdrawn....
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Malaysian Rating Corporation Berhad (MARC) has assigned a long term rating of AAAID to Musyarakah One Capital Berhad’s RM566.56 million Sukuk Musyarakah Series 2005-A.Under this transaction, a bankruptcy remote special purpose vehicle, Musyarakah One Capital Berhad (“Musyarakah One”), has been incorporated for the purpose of acquiring receivables from the Originator, TIME Systems Integrators...
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MARC has received confirmation from the facility agent that Talam’s RM150.0 Million 7-Year Secured Bonds with 107.6 Million of Detachable Warrants has been fully redeemed. As such, MARC no longer has any rating obligation on the Facility and the assinged A rating is hereby withdrawn....
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MARC has received confirmation from the facility agent that Gas District Cooling (KLIA) Sdn Bhd’s CP/MTN Facility has been fully redeemed. As such, MARC no longer has any rating obligation on the Facility and the respective MARC-1ID and AAID ratings are hereby withdrawn....
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MARC has reaffirmed the rating of Sistem Penyuraian Trafik KL Barat Sdn Bhd’s (SPRINT) Al Bai Bithaman Ajil Facility (ABBA) and the short term rating of the Revolving Underwritten facility (RUF) at A-ID and MARC-2 respectively. However, the rating of the Bank Guaranteed Serial Fixed Rate Bonds has been upgraded to A+ based on the A+ rating given to the consortium of banks providing the unconditi...
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Road Builder (M) Sdn Bhd’s (RBM) rating has been reaffirmed at A+(s) reflecting its competitive position in the civil engineering and building segment, good track record, experienced management team and a tight issue structure. The rating also reflects the shareholder support of up to RM200 million on a reducing balance provided by the holding company, Road Builder (M) Holdings Bhd (RBH). Modera...
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MARC has reaffirmed Road Builder (M) Holdings Bhd’s (RBH) corporate credit rating of A+. The rating reaffirmation is reflective of RBH’s diversified earnings base which protects the Group from a downturn in any industry in which it is operating; its highly regarded name as a successful and competitive contractor in the civil engineering and building segment; experienced management team; and st...
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MARC has assigned a rating of A (A flat) to Aliran Ihsan Resources Berhad’s (AIRB) redeemable convertible unsecured loan stocks (RCULS). AIRB was set up as the corporate vehicle to undertake the various corporate and debt restructuring schemes and to assume the listing status of RNC Corporation Berhad (Special Administrators Appointed) (RNC), an affected listed issuer under the Securities Commis...
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MARC has reaffirmed the long-term ratings of Auto ABS One Bhd’s (Auto ABS) RM510.0 million Class A bonds at AAA. This is premised on the portfolio of hire purchase receivables performing within stressed expectations, the availability of gross overcollateralization of 107.0% and a non-amortizing cash reserve equivalent to 2.5% of the nominal value of the bonds.Under the first tier of a two-tiered...
This article has been viewed 1270 times.