Press Releases
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Wednesday, Aug 02, 2023
MARC Ratings has affirmed its MARC-1IS/AAIS ratings on Alam Flora Sdn Bhd’s RM700 million Islamic Commercial Papers and Islamic Medium-Term Notes (ICP/IMTN) programmes with a stable outlook.      The rating affirmation remains underpinned by the strength of Alam Flora’s long-term concession agreement (CA) for waste collection and public cleansing with the Government of Malaysia....

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Thursday, Mar 30, 2023
MARC Ratings has assigned final ratings of MARC-1IS/AAIS  to Alam Flora Sdn Bhd’s RM700 million Islamic Commercial Papers and Islamic Medium-Term Notes (ICP/IMTN) programmes. The ratings outlook is stable. The rating agency has reviewed the final documentation for the programmes and is satisfied that the terms and conditions have not changed in any material way from the draft documenta...

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Tuesday, Aug 16, 2022
MARC Ratings has assigned preliminary ratings of MARC-1IS/AAIS to Alam Flora Sdn Bhd’s RM700.0 million ICP/IMTN programmes with a stable outlook.The assigned ratings are primarily driven by the strength of Alam Flora’s 22-year concession agreement (CA) with the Government of Malaysia that provides revenue visibility until 2033. The ratings also incorporate the group’s expertise and lengthy o...

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