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MARC has withdrawn its MARC-2ID/A+ID ratings on Capable Aspect Sdn Bhd’s (CASB) RM40 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes Issuance Facility (MUNIF/IMTN) with immediate effect at the request of the issuer. CASB issued a circular resolution to its sole noteholder on April 26, 2010 to seek a waiver of the requirement to maintain a rating on the notes....
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MARC has affirmed its ratings of A+ID / MARC-2ID on Capable Aspect Sdn Bhd’s (CASB) RM40 million Islamic Medium Term Notes Issuance Facility/ Murabahah Underwritten Notes Issuance Facility (IMTN/MUNIF) respectively and maintained the ratings outlook at stable. The ratings of CASB reflect the competitive position of its wholly-owned subsidiary, Sinagama II Technologies Sdn Bhd (Sinagama), as ...
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MARC has affirmed ratings of A+ID / MARC-2ID to Capable Aspect Sdn Bhd’s (CASB) RM40 million Islamic Medium-Term Notes Issuance Facility/ Murabahah Underwritten Notes Issuance Facility (‘IMTN/MUNIF) respectively. The ratings carry a stable outlook. The ratings for CASB principally reflect the low risk business profile, strong financial performance and improved credit protection m...
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MARC has assigned ratings of A+ID/MARC-2ID to Capable Aspect Sdn Bhd’s (CASB) proposed issuance of up to RM40 million Islamic Medium-Term Notes Issuance Facility/ Murabahah Underwritten Notes Issuance Facility (‘IMTN/MUNIF) respectively. The ratings carry a stable outlook. The ratings for CASB, a holding company, principally reflect the projected financial and credit profile of Sinagam...
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