MARC has withdrawn its MARC-1ID/AID ratings on Delloyd Ventures Berhad’s RM100 million Islamic Commercial Papers/Medium Term Notes (ICP/IMTN) Programme with immediate effect following the early redemption of the entire outstanding amount and cancellation of the programme on June 7, 2010, as confirmed by its facility agent CIMB Investment Bank Berhad.Contacts: Ryan Lee Ju Vern, 03-2090 2230/ ...

MARC has affirmed its MARC-1ID /AID ratings on Delloyd Ventures Berhad’s (‘Delloyd’ or ‘the Group’) RM100 million Islamic Commercial Papers / Medium Term Notes (CP/MTN) Programme with a stable outlook. The affirmed ratings reflect Delloyd’s favourable competitive position in auto part product segments which have demonstrated a fair degree of resilience in a rece...

MARC has affirmed its AID long-term and MARC-1ID short-term ratings on Delloyd Ventures Berhad (“Delloyd” or the “Group”) in respect of its RM100 million Islamic Commercial Papers/ Medium Term Notes (CP/MTN) Programme. Concurrently, the rating outlook has been revised to stable from developing. The outlook revision incorporates reduced execution risk concerning its plantati...

MARC has downgraded the long-term rating of Delloyd Ventures Berhad (“Delloyd” or “the Group”) from A+ ID to A ID, whilst maintaining the short term rating at MARC-1 ID in respect of its RM100 million Islamic Commercial Papers/Medium-Term Notes (ICP/MTN) Programme. The rating carries a developing outlook. The downgrade of Delloyd’s long-term rating reflects deteriorat...

The short and long-term ratings of Delloyd Ventures Berhad’s (“Delloyd” or the “Group”) RM100 million Islamic CP/MTN Programme at MARC-1ID/A+ID respectively reflect Delloyd’s strengthening financials against the backdrop of firm market leadership with regard to the Group’s automotive components and parts manufacturing business. Factors which may contribute...