Press Releases - Category: Finance
Displaying 1-7 of 7 results.
Thursday, Sep 06, 2007
MARC has withdrawn the A rating assigned to MAA Holdings Berhad’s (“MAAH”) RM120.0 million Structured Serial Bonds due 2007 with immediate effect, following written confirmation from the facility agent, Standard Chartered Bank Malaysia Berhad, that the bonds were fully redeemed on August 21, 2007....

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Friday, Feb 16, 2007
The rating of MAA Holdings Berhad’s (MAAH) RM120 million Serial Bonds has been upgraded from A- to A with a Stable Outlook. The rating reflects the overall financial strength of its main subsidiary Malaysian Assurance Alliance Berhad (MAA) and MAAH’s successful issuance of its RM200 million CP/MTN Programme for debt repayment, working capital and business expansion in January 2007. MAA...

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Friday, Mar 31, 2006
The rating reaffirmation reflects the overall financial strength of its main subsidiary Malaysian Assurance Alliance Berhad (MAA) and the support provided by the Revolving Credit (RC) Facility to meet coupon and principal payments in the event of a shortfall. Consistent with previous years, MAA Holdings Berhad (MAAH) continues to derive most of its income from dividends upstreamed by MAA. MAA ma...

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Monday, Dec 27, 2004
The rating reaffirmation reflects the financial strength of the life and general insurance funds of its main subsidiary Malaysian Assurance Alliance Berhad (MAA) and the support provided by the Revolving Credit (RC) Facility to meet coupon and principal payments in the event of a shortfall. Consistent with previous years, MAA Holdings Berhad (MAAH) continues to derive most of its income from divi...

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Thursday, Jan 29, 2004
Malaysian Rating Corporation Berhad (MARC) has reaffirmed the rating of MAA Holdings Berhad’s (MAAH) RM120 million nominal amount six-year structured serial bonds at A-.The rating reaffirmation reflects the financial strength of the general and life insurance funds of its main subsidiary Malaysian Assurance Alliance Berhad (MAA) and the support provided by the Revolving Credit Facility to meet c...

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Thursday, Jan 30, 2003
Malaysian Rating Corporation Berhad (MARC) has reaffirmed the rating of MAA Holdings Berhad RM120 million nominal amount six-year structured serial bonds.The rating reaffirmation reflects the financial strength of the general and life insurance funds of its main subsidiary Malaysian Assurance Alliance Berhad (MAA) and the support provided by a Revolving Credit Facility to meet coupon payment and b...

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Wednesday, Sep 05, 2001
MARC has assigned a rating of A- (Single A minus) to MAA Holdings Berhad’s (MAAH) RM120.0 million nominal amount six-year structured serial bonds. The rating assigned to MAAH’s bond issue is drawn from the insurer strength ratings of the general and life insurance funds of its main subsidiary Malaysian Assurance Alliance Berhad (MAA) and the support provided by a Revolving Credit Facility to ...

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