Press Releases
Displaying 1-8 of 8 results.
Tuesday, May 14, 2024
MARC Ratings has affirmed its A+IS(s) and AAAIS(bg) ratings on Projek Lintasan Sungai Besi-Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah Programme of up to RM2.0 billion and bank-guaranteed Facilities of up to RM500.0 million. The latter is guaranteed by Bank Pembangunan Malaysia Berhad which carries a financial institution rating of AAA from MARC Ratings. All ratings carry a stable outlook. P...

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Friday, Jun 23, 2023
MARC Ratings has affirmed its A+IS(s) rating on Projek Lintasan Sungai Besi – Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah Programme of up to RM2.0 billion with a stable outlook. Concurrently, the rating agency has affirmed its rating of AAAIS(bg)/Stable on PLSUKE’s guaranteed facilities of up to RM500.0 million which were previously guaranteed by Danajamin Nasional Berhad. The guaranteed faci...

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Tuesday, Apr 05, 2022
MARC Ratings has affirmed its rating on Projek Lintasan Sungai Besi – Ulu Klang Sdn Bhd's (PLSUKE) Sukuk Wakalah Programme of up to RM2.0 billion, with a stable outlook. The rating on PLSUKE’s Danajamin-guaranteed Facilities of up to RM500.0 million has been affirmed at AAAIS(fg)/Stable based on the long-term counterparty credit rating of AAA/stable on Danajamin Nasional Berhad. PLSUKE is...

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Tuesday, Jun 08, 2021
MARC has affirmed its A+IS(s) rating on Projek Lintasan Sungai Besi – Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah Programme of up to RM2.0 billion, with a stable outlook. The rating on the Sukuk Wakalah reflects the credit strength of Projek Lintasan Kota Holdings (PROLINTAS) as the provider of an unconditional and irrevocable completion guarantee to PLSUKE to cover potential cost overruns...

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Wednesday, Sep 02, 2020
MARC has affirmed its A+IS(s) rating on Projek Lintasan Sungai Besi-Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah Programme (Sukuk Wakalah) of up to RM2.0 billion. The rating outlook has been revised to stable from negative.The previous negative outlook reflected a potential construction delay then in relation to the company’s Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) project and the impa...

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Wednesday, Dec 11, 2019
MARC has affirmed its A+IS(s) rating on Projek Lintasan Sungai Besi-Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah Programme (Sukuk Wakalah) of up to RM2.0 billion. The rating outlook remains negative. Concurrently, the rating agency has affirmed its AAAIS(fg)/Stable rating on PLSUKE’s Danajamin-Guaranteed Facilities (Danajamin-Guaranteed Sukuk) of up to RM500.0 million. Danajamin Nasional Berhad...

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Thursday, Dec 13, 2018
MARC has affirmed its A+IS(s) rating on single-purpose company Projek Lintasan Sungai Besi-Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah Programme (Sukuk Wakalah) of up to RM2.0 billion with a negative outlook. Concurrently, the rating agency has affirmed its AAAIS(fg) rating on PLSUKE’s Danajamin-Guaranteed Facilities (Danajamin-Guaranteed Sukuk) of up to RM500.0 million with a stable outlook. ...

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Friday, Nov 17, 2017
MARC has assigned its rating of A+IS(s) to Projek Lintasan Sungai Besi-Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah Programme (Sukuk Wakalah) of up to RM2.0 billion. Concurrently, MARC has also assigned its rating of AAAIS(fg) to PLSUKE’s Danajamin-Guaranteed Facilities (Danajamin-Guaranteed Sukuk) of up to RM500.0 million. The outlook on both ratings is stable. PLSUKE is wholly owned by P...

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