MARC has received the confirmation from the Trustee that CDC’s Al-Istisna bonds have been bought back by CDC and cancelled accordingly. Hence, MARC no longer has any rating obligation on CDC’s Al-Istisna bonds and the A-ID rating is hereby withdrawn. ...

Dialog Group Berhad (DGB)’s reaffirmed corporate credit rating of ‘AA-‘ reflects the Group’s continued strong financial profile; attributed by low gearing, strong cash flow position, consistent profit margin and good financial flexibility. Its well-above average position is supported by continuous growth in both revenue and profitability over the years. DGB is an investment holding compan...

Malaysian Rating Corporation Berhad (MARC) has affirmed Commerce Dot Com’s (CDC) RM100 million Al-Istisna Facility at A-ID (Islamic Debt). However, the rating agency has placed the rating on negative outlook. The rating affirmation reflects Commerce Dot Com Sdn Bhd’s (CDC) position as the exclusive provider of the electronic procurement system for the government and a tight underlying issue ...

Malaysian Rating Corporation Berhad (MARC) has assigned a long-term Islamic debt rating of A-ID (A minus, Islamic Debt Security) to Commerce Dot Com Sdn Bhd’s (CDC) RM100 million Al-Istisna facility. The rating reflects Commerce Dot Com Sdn Bhd’s (CDC) position as the exclusive provider of the electronic procurement system for the government and a tight underlying issue structure for the bon...