Press Releases
Displaying 11-17 of 17 results.
Thursday, Feb 02, 2017
MARC has removed the ratings on WCT Holdings Berhad’s (WCT Holdings) RM1.0 billion MTN Programme and RM1.5 billion Sukuk Murabahah Programme from MARCWatch Developing. The ratings were placed on MARCWatch Developing on November 4, 2016 to enable the rating agency to reassess WCT Holdings’ business plan and the impact on its credit metrics following a major change in shareholders after the gro...

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Friday, Nov 04, 2016
MARC has today placed WCT Holdings Bhd’s (WCT Holdings) debt and sukuk ratings on MARCWatch Developing. The rating action affects the RM1.0 billion 15-year MTN and RM1.5 billion 15-year Sukuk Murabahah Programmes whose ratings of AA- and AA-IS respectively were affirmed with a negative outlook on October 7, 2015. The MARCWatch Developing placement reflects the potential change in the credi...

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Wednesday, Dec 30, 2015
MARC has withdrawn its rating of AA- on WCT Holdings Berhad’s (WCT Holdings) RM600.0 million Fixed Rate Serial Bonds. The rating withdrawal follows the full redemption of the outstanding RM300.0 million bonds on December 28, 2015 and cancellation of the bond facility as confirmed by the facility agent. MARC’s analytical coverage on WCT Holdings is now limited to the following rated debt ...

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Wednesday, Oct 07, 2015
MARC has affirmed its long-term ratings on WCT Holdings Berhad’s (WCT Holdings) debt and sukuk issuances but has revised the ratings outlook to negative from stable. WCT Holdings’ rated debt and sukuk issuances are as follows: RM600.0 million 5-year Fixed Rate Serial Bonds (due December 2015) at AA-; RM1.0 billion 15-year MTN Programme (due April 2028) at AA-; and RM1.5 billion 15...

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Friday, Sep 26, 2014
MARC has assigned a preliminary rating of AA-IS with a stable outlook to WCT Holdings Berhad’s (WCT Holdings) proposed RM1.5 billion 15-year Sukuk Murabahah programme. Concurrently, MARC has affirmed its existing debt ratings with a stable outlook on WCT Holdings’ outstanding issuances as follows:RM300 million 7-year Islamic Commercial Paper (ICP)/Islamic Medium-Term Notes (IMTN) Progr...

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Tuesday, Jun 10, 2014
MARC has withdrawn its ratings of MARC-1ID/AA-ID on WCT Holdings Berhad’s (WCT Holdings) RM100.0 million Islamic Commercial Paper/Medium-Term Notes (ICP/IMTN) Programme. The ratings withdrawal follows the cancellation of the facility on May 7, 2014 as confirmed by the facility agent. MARC’s analytical coverage on WCT Holdings is now limited to the following rated debt issuances:RM300.0...

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Tuesday, Apr 29, 2014
MARC has affirmed the long-term and short-term ratings on investment holding company WCT Holdings Berhad’s (WCT Holdings) existing debt and sukuk issuances as follows:RM100 million 7-year Islamic Commercial Paper/Medium-Term Notes (ICP/IMTN) at MARC-1ID/AA-ID; RM300 million 7-year ICP/IMTN at MARC-1ID/AA-ID;RM600 million 5-year Fixed Rate Serial Bonds at AA-; andRM1.0 billion 15-year MT...

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