Press Releases - Category: Infrastructure & Utilities
Displaying 1-10 of 14 results.
Monday, Nov 30, 2020
MARC has withdrawn its ratings of MARC-1IS/AAA-IS on Gas Malaysia Berhad’s (Gas Malaysia) RM700 million Islamic Commercial Papers/Islamic Medium-Term Notes (ICP/IMTN) programmes. The ratings withdrawal follows early termination of the programmes, as confirmed by the facility agent. The ratings carried a stable outlook.The programmes were terminated following an exchange of outstanding RM281 mill...

This article has been viewed 488 times.
Friday, Oct 04, 2019
MARC has affirmed its ratings of MARC-1IS and AAAIS on Gas Malaysia Berhad’s Islamic Commercial Papers (ICP) programme and Islamic Medium-Term Notes (IMTN) programme with a combined limit of up to RM700.0 million. The ratings outlook is stable. The outstanding under the MTN programme was RM281 million as at end-September 2019. The ratings affirmation is driven by Gas Malaysia’s dominan...

This article has been viewed 643 times.
Friday, Sep 07, 2018
MARC has affirmed its ratings of MARC-1IS and AAAIS on Gas Malaysia Berhad’s Islamic Commercial Papers (ICP) programme and Islamic Medium-Term Notes (IMTN) programme with a combined limit of up to RM700 million. The ratings outlook is stable. The affirmed ratings are mainly driven by Gas Malaysia’s dominant market position in gas distributorship in Peninsular Malaysia, a strong financial...

This article has been viewed 844 times.
Monday, Sep 11, 2017
MARC has affirmed its ratings of MARC-1IS and AAAIS on Gas Malaysia Berhad’s (Gas Malaysia) Islamic Commercial Papers (ICP) programme and Islamic Medium-Term Notes (IMTN) programme with a combined limit of up to RM700 million respectively. The outlook on the ratings is stable. As at end-July 2017, the total outstanding notes under the rated programmes stood at RM161.0 million. The ratings a...

This article has been viewed 768 times.
Monday, Jan 21, 2013
MARC has affirmed the rating on Gas Malaysia Berhad’s (Gas Malaysia) RM500 million Al-Murabahah Medium Term Notes (MTN) Programme at AAAID with a stable outlook. Currently, there are no outstanding notes issued under the programme. The affirmed rating reflects Gas Malaysia’s strong credit profile underpinned by its strong market position as the sole natural gas distributor in Peninsula...

This article has been viewed 1410 times.
Friday, Apr 06, 2012
MARC affirms its rating on Gas Malaysia Berhad’s (Gas Malaysia) RM500 million Al-Murabahah Medium Term Notes (MTN) Programme at AAAID with a stable outlook. Currently, there are no outstanding notes issued under the programme.The affirmed rating reflects Gas Malaysia’s satisfactory business risk profile owing to its strong market position as the sole natural gas distributor in Peninsul...

This article has been viewed 1149 times.
Friday, Oct 14, 2011
MARC has withdrawn its MARC-1ID/AAAID ratings on Gas Malaysia Sdn Bhd’s (Gas Malaysia) RM200 million Al-Murabahah Commercial Papers/Medium Term Notes (CP/MTN) programme following the cancellation of the programme effective September 29, 2011, as confirmed by its facility agent, Bank Muamalat Malaysia Berhad. MARC’s analytical coverage on Gas Malaysia is now limited to its existing RM50...

This article has been viewed 1092 times.
Thursday, Aug 26, 2010
MARC has affirmed its ratings on Gas Malaysia Sdn Bhd’s (Gas Malaysia) RM200 million Commercial Papers/Medium Term Notes (CP/MTN) Programme and RM500 million Medium Term Notes (MTN) Programme at MARC-1ID/AAAID and AAAID respectively with a stable outlook. The ratings are underpinned by Gas Malaysia’s dominant market position as the sole piped natural gas distributor in Peninsular Malay...

This article has been viewed 1118 times.
Thursday, Dec 24, 2009
MARC has affirmed its ratings on Gas Malaysia Sdn Bhd’s (Gas Malaysia) RM200 million Commercial Papers/Medium Term Notes (CP/MTN) Programme and RM500 million Medium Term Notes (MTN) Programme at MARC-1ID/AAAID and AAAID respectively. The ratings carry a stable outlook. The ratings are underpinned by Gas Malaysia’s dominant market position as the sole piped natural gas distributor in Pe...

This article has been viewed 1073 times.
Friday, Jul 03, 2009
MARC has affirmed its ratings on Gas Malaysia Sdn Bhd’s (GMSB) RM200 million Commercial Papers/Medium Term Notes (CP/MTN) Programme and RM500 million Medium Term Notes (MTN) Programme at MARC-1ID/AAAID and AAAID respectively. The ratings carry a stable outlook. The affirmed ratings reflect GMSB’s dominant market position as the sole natural gas distributor in Peninsular Malaysia, stron...

This article has been viewed 1163 times.