MARC Ratings has assigned a final rating of AA-IS to Power Root Berhad’s RM500.0 million Islamic Medium-Term Notes (Sukuk Wakalah) Programme. The rating outlook is stable.The rating agency has reviewed the final documentation for the programme and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary rating was based...

MARC Ratings has assigned a preliminary rating of AA-IS to Power Root Berhad’s proposed RM500.0 million Islamic Medium-Term Notes (IMTN) Programme. The rating outlook is stable.The assigned rating is premised on Power Root’s established position in the instant beverage sector, supported by an extensive sales network, and its steady financial performance, characterised by sustained cash flow ge...