Displaying 111-120 of 237 results.
MARC has affirmed the rating of AA-ID on Instacom SPV Sdn Bhd’s (ISPV) RM200 million Murabahah Medium-Term Notes (MMTN) programme. The rating carries a stable outlook. ISPV is a special purpose company owned by Instacom Engineering Sdn Bhd (IESB), and incorporated to facilitate the issuance of the Sukuk for the sale and purchase of completed telecommunication towers and infrastructure. Retur...
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MARC has affirmed its AA-IS, MARC-1ID / AA-ID, AA-ID and MARC-1ID / AA-ID ratings on WCT Berhad’s (WCT) RM300 million Redeemable Sukuk with Warrants, RM300 million Islamic Commercial Papers / Medium Term Notes, RM100 million Islamic Fixed Rate Serial Bonds and RM100 million Islamic Commercial Papers / Medium Term Notes Programme, respectively. At the same time, all ratings were removed from ...
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MARC has withdrawn its AA- rating on Tirai Impresif Sdn Bhd’s RM100 Million Medium-Term Notes Programme with immediate effect, following the cancellation of the facility, as confirmed by its facility agent, OSK Investment Bank Berhad. Contacts: Jason Kok, 03-2090 2258/ jason@marc.com.my; Francis Xaviour Joe, 03-2090 2279/ fxjoe@marc.com.my...
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MARC has assigned the rating of A+ID to Makro Utama Sdn Bhd’s (Makro) up to RM100.0 million Al-Istisna’ Bonds (Bonds). Makro is a special purpose vehicle wholly owned by construction and engineering company Redmax Sdn Bhd (Redmax) and incorporated to facilitate the issuance of the Bonds. The Bonds proceeds will be used to repay Redmax’s existing debts, part of which was incurred ...
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MARC has affirmed the AAA rating of Gerbang Perdana CIQ Sdn Bhd’s (Gerbang Perdana CIQ) RM1.7 billion Seven Year Medium-Term Notes (MTN) Programme. Gerbang Perdana CIQ, a special-purpose vehicle wholly owned by Gerbang Perdana Sdn Bhd (GPSB), was incorporated to raise financing for its parent company against payment certificates issued by the Government of Malaysia (GOM) in respect of a proj...
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MARC has placed its AA-IS, MARC-1ID / AA-ID, AA-ID and MARC-1ID / AA-ID ratings on WCT Berhad’s (WCT) RM300 million Redeemable Sukuk with Warrants, RM300 million Islamic Commercial Papers / Medium Term Notes, RM100 million Islamic Fixed Rate Serial Bonds and RM100 million Islamic Commercial Papers / Medium Term Notes Programmes respectively on MARCWatch Negative. The rating action follows Du...
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MARC has affirmed the rating of Free Zone Capital Berhad’s (FZCB) RM410.0 million fixed rate serial bonds and up to RM70.0 million Commercial Papers/Medium Term Notes (CP/MTN) programme at AAA and MARC-1/AAA, respectively. The ratings carry a stable outlook. Wholly-owned by Kuala Dimensi Sdn Bhd (KDSB), FZCB was incorporated solely for the purpose of issuing the fixed rate serial bonds and C...
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MARC has affirmed the ratings of Transshipment Megahub Berhad’s (TMB) RM1,095.0 million fixed rate serial bonds and up to RM360.0 million Commercial Papers/Medium Term Notes (CP/MTN) programme at AAA and MARC-1/AAA, respectively. The ratings carry a stable outlook. TMB, a financing vehicle wholly-owned by the turnkey developer of Port Klang Free Zone (PKFZ), Kuala Dimensi Sdn Bhd (KDSB), was...
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MARC has affirmed the rating of Special Port Vehicle Berhad’s (SPVB) RM1,310.0 million nominal amount asset-backed serial bonds facility at AAA. The rating carries a stable outlook. SPVB is a special purpose entity established with the sole purpose of issuing the asset-backed serial bonds, the proceeds of which were used to acquire future receivables amounting to RM1,699.63 million (includin...
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MARC has affirmed its rating of MARC-1ID / A+ID on Nam Fatt Corporation Berhad’s (Nam Fatt) RM250 million Islamic Commercial Paper/Islamic Medium Term Notes Programme (ICP/IMTN). The affirmed ratings reflect the structural protections afforded to noteholders under the rated facility. Working capital availability is governed by prescribed advance rates for eligible contracts and cashflows fro...
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