Press Releases - Category: Industrial Products
Displaying 1-8 of 8 results.
Monday, Jul 02, 2012
MARC has withdrawn its ratings of MARC-1ID/A+ID on Weida (M) Berhad’s (Weida) RM100 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes (MUNIF/IMTN) with immediate effect. The ratings withdrawal follows the redemption of the outstanding RM25.0 million notes under the rated facility and concurrently the early termination of the programme on June 29, 2012 as confir...

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Friday, Dec 09, 2011
MARC has affirmed its ratings of MARC-1ID/A+ID on Weida (M) Bhd’s (Weida) RM100 million 7-year Murabahah Underwritten Notes Issuance (MUNIF)/Islamic Medium Term Notes Facility (IMTN). The outlook on the ratings is stable. The rating action incorporates the partially funded designated account that Weida has recently set up to improve the certainty of full and timely repayment of its remaining...

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Wednesday, Nov 10, 2010
MARC has affirmed its MARC-1ID/A+ID ratings on Weida (M) Bhd’s (Weida) RM100 Million Murabahah Underwritten Notes Issuance/Islamic Medium Term Notes Facility (MUNIF/IMTN) with a stable outlook. The affirmed ratings reflect its leading domestic market position in polyethylene engineering products, strong niche positions in water, wastewater and telecommunication infrastructure in East Malaysi...

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Wednesday, Dec 23, 2009
MARC has affirmed its MARC-1ID/A+ID ratings on Weida (M) Bhd’s (Weida) RM100 Million Murabahah Underwritten Notes Issuance/Islamic Medium-Term Notes Facility. The rating outlook is maintained at stable. The affirmed ratings reflect Weida’s strong market position in its core business of High Density Polyethylene Engineering (HDPE) product manufacturing, improved business line and geogra...

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Friday, Mar 27, 2009
MARC has affirmed its MARC-1ID/A+ID ratings on Weida (M) Bhd’s RM100 Million Murabahah Underwritten Notes Issuance / Islamic Medium-Term Notes Facility. The rating outlook remains stable. The rating reflects Weida’s competitive position as a fully-integrated leading provider of water- and wastewater-infrastructure products and services, particularly in East Malaysia, its proven track r...

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Monday, Nov 19, 2007
MARC has reaffirmed the A+ID /MARC-1ID ratings of Weida (M) Bhd’s (Weida) RM100 Million Murabahah Underwritten Notes Issuance / Islamic Medium Term Notes Facility. The rating outlook is stable. The reaffirmed ratings reflect the group’s consistent financial performance and its competitive position in the supply of high density polyethylene (HDPE) engineering products to the water and s...

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Monday, Oct 02, 2006
The ratings of Weida (M) Bhd’s (Weida) RM100 Million Murabahah Underwritten Notes Issuance/ Islamic Medium-Term Notes Facility have been affirmed at A+ID/MARC-1ID with a stable outlook. The affirmation is premised on Weida’s sound financial performance and its position as one of the largest domestic manufacturers of a wide range of high density polyethylene (HDPE) engineering products ...

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Wednesday, Aug 03, 2005
MARC has assigned Weida (M) Bhd’s (“Weida”) RM100.0 million Murabahah Underwritten Notes/Islamic Medium-Term Notes facility ratings of MARC-1ID /A+ID which reflects, amongst others, the Group’s reputable position as a manufacturer of high density polyethylene (“HDPE”) engineering products for the water and sewerage industry; its historically strong financial performance and positive ca...

This article has been viewed 976 times.