Press Releases
Displaying 1-10 of 13 results.
Wednesday, Jun 19, 2019
MARC has lowered TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk Ijarah IMTN) programme rating of AA-IS to A+IS. The rating outlook is stable. TSH Ijarah is one of two special purpose funding vehicles set up by its parent, TSH Resources Berhad (TSH). The other funding vehicle is TSH Sukuk Murabahah Sdn Bhd (TSH Murabahah), which has RM50.0 mill...

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Wednesday, Nov 28, 2018
MARC has affirmed its rating of AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk IMTN) programme. TSH Ijarah is one of two special purpose funding vehicles set up by its parent, TSH Resources Berhad (TSH), a predominantly upstream crude palm oil (CPO) producer with majority of its oil palm plantations located in Kalimantan, Indonesia. ...

This article has been viewed 365 times.
Wednesday, Jan 10, 2018
MARC has affirmed its rating of AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Sukuk Ijarah) RM300.0 million Islamic Medium-Term Notes (IMTN) Programme. The outlook is stable. TSH Sukuk Ijarah is one of three special purpose funding vehicles set up by its parent, TSH Resources Berhad (TSH), to fund TSH’s crude palm oil (CPO) operations. The others are TSH Sukuk Musyarakah Sdn Bhd and TSH Sukuk Mura...

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Monday, Nov 07, 2016
MARC has affirmed its rating of AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk IMTN) programme. The outlook is stable. TSH Ijarah is one of three special purpose funding vehicles set up by its parent, TSH Resources Berhad (TSH), to fund TSH’s crude palm oil (CPO) operations. The rating action is premised on TSH’s healthy cash flow gene...

This article has been viewed 441 times.
Friday, Sep 23, 2016
MARC has withdrawn its MARC-1IS rating on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100.0 million Sukuk Ijarah Commercial Papers. The rating withdrawal follows the full redemption and cancellation of the programme as confirmed by the facility agent on September 21, 2016.  Upon the withdrawal of the rating, MARC’s analytical coverage on TSH Ijarah is now limited to its RM300.0 million...

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Tuesday, Jan 26, 2016
MARC has affirmed its ratings of MARC-1IS /AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100.0 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk IMTN) programmes with a stable outlook. The ratings affect the outstanding amount of RM270.0 million as at December 28, 2015 under the rated programmes. TSH Ijarah is a special purpose veh...

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Monday, Mar 16, 2015
MARC has affirmed the ratings of MARC-1IS /AA-IS on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100.0 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300.0 million Sukuk Ijarah Medium-Term Notes (Sukuk IMTN) programmes with a stable outlook. TSH Ijarah is a special purpose funding vehicle created to facilitate the issuance of the notes under the rated programmes for its parent compan...

This article has been viewed 780 times.
Friday, Apr 04, 2014
MARC has affirmed the ratings of MARC-1IS /AA-IS on special purpose vehicle TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300 million Sukuk Ijarah Medium Term Notes (Sukuk IMTN) programmes with a stable outlook. As at February 28, 2014, TSH Ijarah has RM275 million outstanding notes. TSH Ijarah is a funding vehicle of Bursa Malaysia-li...

This article has been viewed 1165 times.
Thursday, Mar 28, 2013
MARC has affirmed its ratings on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100.0 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300.0 million Sukuk Ijarah Medium Term Notes (Sukuk IMTN) Programmes at MARC-1IS /AA-IS with a stable outlook. The rating action affects outstanding notes of RM300.0 million issued under the rated programmes.TSH Ijarah is a special purpose funding vehicle ...

This article has been viewed 966 times.
Friday, Apr 20, 2012
MARC has affirmed its ratings on the following rated programmes with a stable outlook:RM100.0 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300.0 million Sukuk Ijarah Medium Term Notes (Sukuk IMTN) Programmes of TSH Sukuk Ijarah Sdn Bhd (TSH Ijarah) at MARC-1IS/AA-IS; andRM100.0 million Guaranteed Islamic Medium Term Notes (IMTN) Programme of TSH Sukuk Musyarakah Sdn Bhd (TSH Musyarakah...

This article has been viewed 908 times.