Press Releases - Category: Consumer Products
Displaying 1-10 of 66 results.
Friday, Jul 01, 2022
MARC Ratings has affirmed its ratings of AAAIS(cg)/MARC-1IS(cg) on F&N Capital Sdn Bhd’s Islamic Medium-Term Notes (IMTN) and Islamic Commercial Papers (ICP) programmes with a combined limit of up to RM3.0 billion. The ratings outlook is stable. F&N Capital is a funding vehicle of Fraser & Neave Holdings Bhd (F&NHB) which has provided an unconditional and irrevocab...

This article has been viewed 78 times.
Wednesday, May 18, 2022
MARC Ratings has affirmed its AA- rating on 7-Eleven Malaysia Holdings Berhad’s (7-Eleven Holdings) RM600.0 million Medium-Term Notes (MTN) Programme with a stable outlook. The outstanding under the programme stood at RM500.0 million as of May 11, 2022.The group’s established market position and strong operating track record in the domestic convenience store segment (7-Eleven Malaysia Sdn Bhd)...

This article has been viewed 109 times.
Wednesday, Mar 09, 2022
MARC Ratings has assigned a final rating of A+IS to Tan Chong Motor Holdings Berhad’s (TCMH) RM1.5 billion Islamic Medium-Term Notes (Sukuk Murabahah) Programme. The rating is confined to a RM500.0 million issuance and any further drawdown will require a reassessment of the rating. The outlook on the rating is stable.The rating agency has reviewed the final documentation for the programme and is...

This article has been viewed 160 times.
Monday, Dec 27, 2021
MARC has assigned a preliminary rating of A+IS to Tan Chong Motor Holdings Berhad’s (TCMH) RM1.5 billion Islamic Medium-Term Notes (Sukuk Murabahah) Programme. The rating outlook is stable. The rating is confined to a RM500.0 million issuance and any further drawdown will require a reassessment of the rating.The assigned rating incorporates TCMH’s established presence in the domestic automotiv...

This article has been viewed 197 times.
Thursday, Oct 28, 2021
MARC has affirmed its rating of AA-IS  on Guan Chong Berhad’s (GCB) Sukuk Wakalah Programme of up to RM800.0 million with a stable outlook.The affirmed rating reflects GCB’s strong position in the midstream cocoa supply chain as the largest cocoa grinder in Asia and fourth-largest in the world, as well as its strong operational track record. Moderating the rating is cocoa price volatility...

This article has been viewed 376 times.
Tuesday, Jun 15, 2021
MARC has assigned a final rating of AA- to 7-Eleven Malaysia Holdings Bhd’s (7-Eleven Holdings) RM600.0 million Medium-Term Notes (MTN) Programme. The rating outlook is stable.The rating agency has reviewed the final documentation for the programme and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary rating was ...

This article has been viewed 318 times.
Tuesday, May 25, 2021
MARC has assigned ratings of AAAIS (CG) /MARC-1IS (CG) to funding vehicle F&N Capital Sdn Bhd’s (F&N Capital) Islamic Medium-Term Notes (IMTN) and Islamic Commercial Papers (ICP) programmes with a combined limit of up to RM3.0 billion. The ratings outlook is stable. F&N Capital is a wholly-owned subsidiary of Fraser & Neave Holdings Bhd (F&NHB) which has provided an unconditi...

This article has been viewed 304 times.
Tuesday, Apr 20, 2021
MARC has assigned a preliminary rating of AA- to 7-Eleven Malaysia Holdings Berhad’s (7-Eleven Holdings) proposed RM600.0 million Medium-Term Notes (MTN) Programme with a stable outlook.The assigned rating mainly reflects 7-Eleven Holdings’ strong and established market position in the convenience store segment, gained from a long operating track record with a wide store network that has suppo...

This article has been viewed 319 times.
Thursday, Nov 19, 2020
MARC has assigned a final rating of AA-IS with a stable outlook to Guan Chong Berhad’s proposed RM800.0 million Sukuk Wakalah Programme.The rating agency has reviewed the final documentation for the programme and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary rating was based. For full details of the assi...

This article has been viewed 334 times.
Tuesday, Oct 06, 2020
MARC has assigned a preliminary rating of AA-IS with a stable outlook to Guan Chong Berhad’s (GCB) proposed Sukuk Wakalah Programme of up to RM800.0 million. The proposed rating incorporates GCB’s strong market position in the midstream cocoa industry, established operational track record and healthy debt coverage metrics. The rating is constrained by the group’s inherent exposure to fluctua...

This article has been viewed 414 times.