Press Releases
Displaying 1-10 of 12 results.
Thursday, Feb 24, 2022
MARC Ratings has assigned final ratings of MARC-1IS / AA-IS to UEM Sunrise Berhad's Islamic Commercial Papers (ICP) Programme and Islamic Medium-Term Notes (IMTN) Programme with a combined nominal value of RM4.0 billion. The outlook on the ratings 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 a...

This article has been viewed 91 times.
Tuesday, Nov 23, 2021
MARC has assigned preliminary ratings of MARC-1IS /AA-IS to UEM Sunrise Berhad’s proposed Islamic Commercial Papers (ICP) Programme and Islamic Medium-Term Notes (IMTN) Programme with a combined nominal value of RM4.0 billion (ICP/IMTN-3). We have concurrently affirmed the existing ratings of MARC-1IS /AA-IS on its two ICP and IMTN programmes (ICP/IMTN-1 and ICP/IMTN-2) with a total combined nom...

This article has been viewed 187 times.
Friday, Jan 08, 2021
MARC has affirmed its MARC-1IS /AA-IS ratings on UEM Sunrise Berhad’s two Islamic Commercial Papers and Islamic Medium-Term Notes programmes (ICP/IMTN-1 and ICP/IMTN-2) with a stable outlook. Each of the ICP/IMTN programmes has a limit of RM2.0 billion with a sublimit of RM500.0 million on the ICP issuances. The affirmed rating action does not factor in the credit implications on UEM Sunris...

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Thursday, Oct 08, 2020
MARC is issuing this update on the potential rating impact on UEM Sunrise Berhad in light of the proposed merger with Eco World Development Group Berhad (Eco World). UEM Sunrise currently carries MARC-1IS / AA-IS ratings with a stable outlook from MARC for the property developer’s two Islamic Commercial Papers / Islamic Medium-Term Notes Programmes of RM2.0 billion each.Under the proposed merger...

This article has been viewed 451 times.
Tuesday, Dec 31, 2019
MARC has affirmed its ratings of MARC-1IS/AA-IS on UEM Sunrise Berhad’s two Islamic Commercial Papers and Islamic Medium-Term Notes programmes (ICP/IMTN-1 and ICP/IMTN-2) with a stable outlook. Each of the ICP/IMTN programmes has a limit of RM2.0 billion with a sublimit of RM500.0 million on the ICP issuances. UEM Sunrise’s long-term rating benefits from a one-notch uplift for parental s...

This article has been viewed 509 times.
Thursday, Feb 21, 2019
MARC has affirmed its ratings of MARC-1IS/AA-IS on UEM Sunrise Berhad’s two Islamic Commercial Papers and Islamic Medium-Term Notes programmes (ICP/IMTN-1 and ICP/IMTN-2). The ratings outlook is stable. The ICP/IMTN programmes each has a programme limit of RM2.0 billion with a sublimit of RM500.0 million on the ICP issuances. The ratings affirmation incorporates UEM Sunrise’s longstandin...

This article has been viewed 528 times.
Friday, Apr 06, 2018
MARC has affirmed its ratings of MARC-1IS/AA-IS on UEM Sunrise Berhad’s (UEM Sunrise) two Islamic Commercial Papers and Islamic Medium-Term Notes programmes (ICP/IMTN-1 and ICP/IMTN-2). The outlook on the ratings is stable. The ICP/IMTN-1 and ICP/IMTN-2 each has a programme limit of RM2.0 billion with a sublimit of RM500.0 million on the ICP issuances. UEM Sunrise’s long-term rating inc...

This article has been viewed 674 times.
Tuesday, May 02, 2017
MARC has affirmed its ratings of MARC-1IS/AA-IS on UEM Sunrise Berhad’s (UEM Sunrise) two Islamic Commercial Paper and Islamic Medium-Term Notes programmes (ICP/IMTN-1 and ICP/IMTN-2). The ICP/IMTN-1 and ICP/IMTN-2 each has a nominal value of RM2.0 billion with a sublimit of RM500.0 million on the ICP programmes. The outlook on the ratings is stable. Majority-owned by UEM Group Berhad (UEM Gr...

This article has been viewed 866 times.
Thursday, May 12, 2016
MARC has assigned final ratings of MARC-1IS / AA-IS to UEM Sunrise Berhad’s (UEM Sunrise) Islamic Commercial Papers/Islamic Medium-Term Notes Programme (ICP/IMTN Programme) with a combined nominal value of up to RM2.0 billion. The rating outlook is stable. MARC has reviewed the final documentation of the issuance, and is satisfied that the terms and conditions of the ICP/IMTN Programme hav...

This article has been viewed 759 times.
Wednesday, Apr 20, 2016
MARC has assigned preliminary ratings of MARC-1IS /AA-IS on property developer UEM Sunrise Berhad’s (UEM Sunrise) proposed RM2.0 billion Islamic Commercial Papers Programme and Islamic Medium-Term Notes Programme (ICP/IMTN-2) with a sub-limit of RM500 million for the ICP programme. Concurrently, the rating agency has affirmed its MARC-1IS /AA-IS ratings on UEM Sunrise’s existing RM2.0 bill...

This article has been viewed 958 times.