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...

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...

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...

MARC has affirmed its MARC-1IS /AA-IS  ratings on property developer UEM Sunrise Berhad’s (UEM Sunrise) Islamic Commercial Paper (ICP) Programme and Islamic Medium- Term Notes (IMTN) Programme with a combined nominal value of RM2.0 billion and a sub-limit of RM500.0 million on the ICP Programme. The outlook on the ratings is stable. UEM Sunrise’s long-term rating benefits from a ...

MARC has affirmed its ratings of MARC-1IS/AA-IS on property developer UEM Sunrise Berhad’s (UEM Sunrise) Islamic Commercial Paper (ICP) Programme and Islamic Medium Term Notes (IMTN) Programme with a combined nominal value of RM2.0 billion and a sub-limit of RM500.0 million on the ICP Programme. The outlook for the ratings is stable. The ratings on UEM Sunrise incorporate a one-notch uplift ...