Press Releases
Displaying 1-8 of 8 results.
Friday, Aug 26, 2011
MARC has withdrawn its AAAID(bg) and BB+ID  ratings on Viable Chip (M) Sdn Bhd’s (VCSB) RM50.0 million nominal value Bank Guaranteed Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS A) and RM150.0 million nominal value of Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS B) respectively at the request of the sole BaIDS holder, Acqua SPV Bhd (ASPV). The ratings withdrawal af...

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Wednesday, Apr 06, 2011
MARC today took various rating actions on the Selangor water sector issuers. Below is a list of all the affected debt issuances and rating actions:1. Syarikat Bekalan Air Selangor Sdn Bhd (SYABAS)RM3.0 billion BBA CP/MTN2. Puncak Niaga (M) Sdn Bhd (PNSB)RM1.02 billion BaIDSRM546.88 million A NotesRM435.0 million RUB3. Puncak Niaga Holdings Bhd (PNHB)RM546.88 million RUN with warrants4. RUN Holding...

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Wednesday, Sep 08, 2010
MARC lowered its rating on Viable Chip (M) Sdn Bhd’s (VCSB) RM150 million Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS B) rating to A-ID from A+ID. The rating outlook is negative. At the same time, MARC affirmed its AAAID(bg) rating on VCSB’s RM50 million Bank Guaranteed Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS A) with a stable outlook. The ratings have been r...

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Tuesday, Jun 08, 2010
MARC has placed the ratings of all its Selangor water sector-related issuances on MARCWatch Negative. The rating action affects the following issuers and issuances:Syarikat Bekalan Air Selangor Sdn BhdRM3.0 billion BBA CP/MTN Programme    - MARC-1ID  / AA-IDPuncak Niaga (M) Sdn Bhd RM1,020.0 million BaIDS    - AAIDRM546.875 million Junior Notes A  ...

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Friday, Nov 20, 2009
MARC has affirmed its AAAID(bg) and A+ID  ratings on Viable Chip (M) Sdn Bhd’s (VCSB) RM50.0 million nominal value Bank Guaranteed Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS A) and RM150.0 million nominal value of Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS B), respectively. The AAAID(bg) rating of BaIDS A has been affirmed on the basis of an irrevocable and unc...

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Wednesday, Nov 26, 2008
MARC has affirmed its AAAID(bg) and A+ID  ratings on Viable Chip (M) Sdn Bhd’s (VCSB) RM50.0 million nominal value Bank Guaranteed Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS A) and RM150.0 million nominal value of Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS B), respectively. The AAAID(bg) rating of BaIDS A has been affirmed on the basis of an irrevocable and unc...

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Thursday, Oct 11, 2007
MARC has affirmed the rating of AAAID(bg) / A+ID on Viable Chip (M) Sdn Bhd’s (“VCSB”) RM50.0 million nominal value of Bank Guaranteed Bai’ Bithaman Ajil Islamic Debt Securities (“BaIDS A”) and RM150.0 million nominal value of Bai’ Bithaman Ajil Islamic Debt Securities (“BaIDS B”). The stable rating outlook for the BaIDS A mirrors that of the g...

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Tuesday, Aug 29, 2006
MARC has assigned an AAAID(bg) rating on Viable Chip (M) Sdn Bhd’s (“VCSB”) RM50.0 Million nominal value of Bank Guaranteed Bai’ Bithaman Ajil Islamic Debt Securities (“BaIDS A”) and an A+ID rating on the company’s RM150.0 Million nominal value of Bai’ Bithaman Ajil Islamic Debt Securities (“BaIDS B”).The rating is driven by the financial...

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