Displaying 1-3 of 3 results.
Thursday, Oct 05, 2023
MARC Ratings has assigned its preliminary rating of MARC-1 to CGS-CIMB Securities Sdn Bhd’s (CGS-CIMB) proposed Commercial Papers (CP) Programme of up to RM1.0 billion in nominal value. Concurrently, the rating agency has assigned a non-bank financial institution rating of AA to CGS-CIMB with a stable outlook. CGS-CIMB’s growing business profile in the domestic stockbroking industry as we...
This article has been viewed 132 times.
Wednesday, Mar 22, 2023
MARC Ratings has assigned a final rating of A with a stable outlook to Singer (Malaysia) Sdn Bhd’s (Singer) RM300.0 million Medium-Term Notes (MTN) 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 det...
This article has been viewed 218 times.
Thursday, Dec 08, 2022
MARC Ratings has assigned a preliminary rating of A with a stable outlook to Singer (Malaysia) Sdn Bhd’s (Singer) proposed RM300.0 million Medium-Term Notes (MTN) Programme.The rating incorporates Singer’s long and profitable track record in selling and financing consumer durables and motorcycles, underpinned by strong operating profit margins. Moderating factors are intense competition partic...
This article has been viewed 314 times.