Press Releases - Category: Infrastructure & Utilities
Displaying 1-10 of 851 results.
Friday, Feb 23, 2024
MARC Ratings has removed ANIH Berhad’s rating from MARCWatch Negative placement where it has been since May 25, 2023. The placement was due to the uncertainties stemming from the new supplemental concession agreement (SCA) between ANIH and the government signed on November 17, 2022, including the potential weakening of its financial profile following the abolishment of toll compensation und...

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Thursday, Jan 18, 2024
MARC Ratings has assigned a final rating of A-IS  to Yinson Holdings Berhad’s RM1.0 billion Subordinated Perpetual Islamic Notes 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 ...

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Wednesday, Jan 10, 2024
MARC Ratings has assigned a "Gold" Impact Assessment to Malakoff Corporation Berhad’s (Malakoff) Sustainable Finance Framework. The framework has been established to set the guiding principles for Malakoff’s issuance of sustainable financing instruments for specific eligible projects that contribute towards environmental and social benefits.Malakoff stands as Malaysia's largest independent pow...

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Wednesday, Dec 20, 2023
MARC Ratings has affirmed its AA-IS rating on Cerah Sama Sdn Bhd’s RM420.0 million Sukuk with a stable outlook. The outstanding currently stands at RM300.0 million. The rating continues to reflect the resilient traffic performance of the mature Cheras-Kajang Highway and its stable cash flow generation. Cerah Sama’s strong liquidity position and accommodative sukuk repayment structure are ...

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Tuesday, Dec 19, 2023
MARC Ratings has assigned preliminary ratings of MARC-1IS/AA-IS to Malakoff Power Berhad’s (MPower) proposed Islamic Commercial Papers / Islamic Medium-Term Notes (ICP/IMTN) programmes of up to RM1.2 billion with a stable outlook. Concurrently, the rating agency has also affirmed its AA-IS rating on MPower’s outstanding RM2.09 billion Sukuk Murabahah with a stable outlook.MPower, a wholly-owne...

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Friday, Dec 15, 2023
MARC Ratings has affirmed its AA-IS rating on Tanjung Bin O&M Berhad’s outstanding RM165.0 million Sukuk Wakalah with a stable outlook.The rating reflects the credit strength of Tanjung Bin O&M’s parent, Malakoff Power Berhad (MPower) (AA-IS /Stable), which has provided an unconditional and irrevocable undertaking to top up any shortfall in the finance service reserve account for the S...

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Friday, Dec 15, 2023
MARC Ratings has affirmed its AAAIS rating on TNB Power Generation Sdn Bhd’s (TPGSB) Sukuk Wakalah Programme of up to RM10.0 billion with a stable outlook.TPGSB is a wholly-owned energy generation arm of Tenaga Nasional Berhad (TNB). It owns and operates 12 power plants and manages three power plants belonging to TNB with a total generation capacity of 15,676MW as at end-September 2023. TPGSB’...

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Tuesday, Dec 12, 2023
MARC Ratings has assigned a preliminary rating of A-IS  to Yinson Holdings Berhad’s RM1.0 billion Subordinated Perpetual Islamic Notes Programme (perpetual sukuk). Concurrently, the rating agency has affirmed the existing A+IS rating on the group’s RM1.0 billion Islamic Medium-Term Notes (IMTN) Programme (senior sukuk). The two-notch rating differential between Yinson’s perpetual sukuk ...

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Monday, Dec 11, 2023
MARC Ratings has affirmed its MARC-1IS/AAAIS ratings on PETRONAS Dagangan Berhad’s (PDB) RM10.0 billion nominal value Islamic Commercial Papers (ICP) Programme and Islamic Medium-Term Notes (IMTN) Programme. The ratings outlook is stable. The affirmed ratings reflect PDB’s well-established track record and its very strong market position in the domestic retailing and marketing of petroleu...

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Tuesday, Dec 05, 2023
MARC Ratings has affirmed its ratings of MARC-1IS /AAIS on Cellco Capital Berhad’s (Cellco) RM520 million Issue 1 issued under its Islamic Commercial Papers/Islamic Medium-Term Notes Programme (Sukuk Ijarah) with a combined limit of up to RM1.0 billion. The ratings outlook is stable.  Cellco is a funding vehicle for its parent, Stealth Solutions Sdn Bhd, an independent tower company. I...

This article has been viewed 96 times.