Press Releases - Category: Plantations
Displaying 41-50 of 138 results.
Friday, Apr 04, 2014
MARC has affirmed its rating of AAAIS(fg) on special purpose vehicle TSH Sukuk Musyarakah Sdn Bhd’s (TSH Musyarakah) RM100 million Guaranteed Islamic Medium-Term Notes programme (Sukuk Musyarakah) with a stable outlook. The affirmed rating and outlook reflect the unconditional and irrevocable financial insurance guarantee on the rated programme by Danajamin Nasional Berhad (Danajamin) on whi...

This article has been viewed 1378 times.
Friday, Jan 03, 2014
MARC has affirmed its AAAID rating on Kwantas SPV Sdn Bhd’s (Kwantas SPV) outstanding RM20.0 million Class A asset-backed Sukuk Ijarah and MARC-2ID(cg)/A-ID(cg) rating on Murabahah Commercial Papers/Medium Term Notes (CP/MTN) Programme of up to RM65.0 million. The outlook for the ratings is stable. The rating of Murabahah CP/MTN Programme is equalised with Kwantas Corporation Berhad’s ...

This article has been viewed 1573 times.
Thursday, Jan 02, 2014
MARC has affirmed its AAAIS and AA+IS ratings on Tradewinds Plantation Capital Sdn Bhd’s (Tradewinds Plantation Capital) asset-backed RM180.0 million Class A and RM30.0 million Class B Sukuk Ijarah (collectively the Sukuk) respectively with a stable outlook. Tradewinds Plantation Capital is a special purpose vehicle of Tradewinds Plantation Berhad (Tradewinds) incorporated to act as the fund...

This article has been viewed 1743 times.
Thursday, Jul 04, 2013
MARC has withdrawn its ratings on Dura Palms Sdn Bhd’s (Dura Palms) RM283.87 million Sukuk Ijarah with immediate effect, following the full redemption of the outstanding sukuk on June 28, 2013 amounting to RM108.0 million and cancellation of the facility as confirmed by the facility agent, Kenanga Investment Bank Berhad. The withdrawn sukuk ratings are as follows: AAAIS rating on RM100.0 mil...

This article has been viewed 1193 times.
Monday, Apr 15, 2013
MARC has withdrawn its B rating on Dutaland Berhad’s outstanding RM10.6 million Redeemable Unsecured Loan Stock (RULS) following the full settlement of the RULS on April 11, 2013 as confirmed by the issuer. MARC will cease all analytical coverage on the issuer following the withdrawal of the rating. Contacts: Jasmine Kua, +603-2082 2280/ jasmine@marc.com.my; Rajan Paramesran, +603-2082 2233/...

This article has been viewed 1315 times.
Thursday, Mar 28, 2013
MARC has affirmed its rating on TSH Sukuk Musyarakah Sdn Bhd’s (TSH Musyarakah) RM100.0 million Islamic Medium Term Notes (IMTN) Programme at AAAIS(fg) with a stable outlook. The rating action affects outstanding notes of RM50.0 million issued under the rated programme.TSH Musyarakah is a special purpose funding vehicle created to facilitate the issuance of the notes under the rated programm...

This article has been viewed 1306 times.
Thursday, Mar 28, 2013
MARC has affirmed its ratings on TSH Sukuk Ijarah Sdn Bhd’s (TSH Ijarah) RM100.0 million Sukuk Ijarah Commercial Papers (Sukuk ICP) and RM300.0 million Sukuk Ijarah Medium Term Notes (Sukuk IMTN) Programmes at MARC-1IS /AA-IS with a stable outlook. The rating action affects outstanding notes of RM300.0 million issued under the rated programmes.TSH Ijarah is a special purpose funding vehicle ...

This article has been viewed 1541 times.
Thursday, Jan 10, 2013
MARC has affirmed the ratings of Dura Palms Sdn Bhd’s (Dura Palms) RM100 million Series A, RM90 million Series B and RM10 million Series C Sukuk Ijarah at AAAIS, AAIS and AIS respectively. The ratings carry a stable outlook. The rating action affects the outstanding amounts under the respective series of RM50 million, RM48 million and RM10 million. Wholly-owned by Teck Guan Holdings Sdn Bhd ...

This article has been viewed 1270 times.
Friday, Jan 04, 2013
MARC has affirmed its AAAID rating on Kwantas SPV Sdn Bhd’s (Kwantas SPV) outstanding RM40.0 million Class A asset-backed Sukuk Ijarah. The rating outlook remains stable. Concurrently, MARC has also affirmed its ratings on Kwantas SPV’s RM65.0 million Murabahah Commercial Papers/Medium Term Notes (CP/MTN) Programme at MARC-2ID(cg) /A-ID(cg) with a stable outlook. As the Murabahah CP/MT...

This article has been viewed 1507 times.
Wednesday, Jan 02, 2013
MARC has affirmed its AAAIS and AA+IS ratings on Tradewinds Plantation Capital Sdn Bhd’s (Tradewinds Capital) asset-backed RM180 million Class A and RM30 million Class B Sukuk Ijarah (collectively known as Sukuk) respectively. The outlook on the ratings is stable.Special purpose vehicle Tradewinds Capital is a wholly-owned subsidiary of Tradewinds Plantation Berhad (Tradewinds) incorporated ...

This article has been viewed 1648 times.