Press Releases
Displaying 1-5 of 5 results.
Thursday, Aug 17, 2023
MARC Ratings has affirmed its ratings of MARC-1IS and A+IS on George Kent (Malaysia) Berhad’s (George Kent) RM100.0 million Islamic Commercial Papers (ICP) Programme and RM500.0 million Islamic Medium-Term Notes (IMTN) Programme, subject to a combined limit of RM500.0 million. The ratings outlook is stable. The affirmed ratings continue to reflect George Kent’s strong liquidity position, ...

This article has been viewed 180 times.
Tuesday, Aug 09, 2022
MARC Ratings has affirmed its ratings of MARC-1IS and A+IS on George Kent (Malaysia) Berhad’s (George Kent) RM100.0 million Islamic Commercial Papers (ICP) and RM500.0 million Islamic Medium-Term Notes (IMTN) Programmes, subject to a combined limit of RM500.0 million. The ratings outlook is stable. The rating affirmation is premised on George Kent’s strong liquidity position, healthy bala...

This article has been viewed 306 times.
Monday, Oct 11, 2021
MARC has affirmed its ratings of MARC-1IS and A+IS on George Kent (Malaysia) Berhad’s (George Kent) RM100.0 million Islamic Commercial Papers Programme and RM500.0 million Islamic Medium-Term Notes Programme (collectively Sukuk Programmes), subject to a combined limit of RM500.0 million. The ratings outlook is stable. The rating affirmation mainly reflects George Kent’s stable water meter...

This article has been viewed 434 times.
Wednesday, Feb 24, 2021
MARC has assigned final ratings of MARC-1IS and A+IS to George Kent (Malaysia) Berhad’s (George Kent) proposed RM100.0 million Islamic Commercial Papers (ICP) Programme and RM500.0 million Islamic Medium-Term Notes (IMTN) Programme (Sukuk Wakalah Programmes) subject to a combined limit of RM500.0 million. The ratings outlook is stable.We have reviewed the final documentation for the Sukuk Wakala...

This article has been viewed 528 times.
Wednesday, Jan 13, 2021
MARC has assigned preliminary ratings of MARC-1IS and A+IS to George Kent (Malaysia) Berhad’s (George Kent) proposed RM100.0 million Islamic Commercial Papers (ICP) Programme and RM500.0 million Islamic Medium-Term Notes (IMTN) Programme subject to a combined limit of RM500.0 million. The ratings outlook is stable.The assigned ratings reflect George Kent’s conservative capital structure, stron...

This article has been viewed 518 times.