Press Releases - Category: Trading/Services
Displaying 1-10 of 12 results.
Wednesday, Sep 24, 2014
MARC withdraws its rating of AAAID(s)/stable on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) Istisna’ Serial Bonds following the full redemption of the final series of bonds of RM61.0 million together with its profit payment on the maturity date of September 19, 2014 as confirmed by the facility agent. Upon the withdrawal of the rating, MARC will no longer be prov...

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Thursday, Aug 28, 2014
MARC has affirmed its AAAID(s) rating on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) outstanding RM61 million Istisna’ Serial Bonds with a stable outlook. The affirmed rating and outlook reflect the irrevocable and unconditional undertaking by the Sarawak state government, via its State Financial Secretary (SFS), to provide timely cashflows to meet repayments for...

This article has been viewed 1036 times.
Friday, Oct 25, 2013
MARC has affirmed the AAAID(s) rating on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) outstanding RM61 million Istisna’ Serial Bonds with a stable outlook. The rating is underpinned by the irrevocable and unconditional obligation of the Sarawak State Government, via its State Financial Secretary Inc (SFS), to meet the repayment of the bonds under a redeemable pref...

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Wednesday, Dec 19, 2012
MARC has affirmed its AAAID(s) rating on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) outstanding RM120 million Istisna’ Serial Bonds with a stable outlook. The affirmed rating is underpinned by MARC’s AAA/stable public information rating on Sarawak state, which through the State Financial Secretary (SFS), a body corporate established under the State Financi...

This article has been viewed 1051 times.
Friday, Dec 09, 2011
MARC has affirmed its AAAID(s) rating on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) RM425 million Istisna’ Serial Bonds. The rating carries a stable outlook. The issuer is a 100%-owned subsidiary of SSHMC Holdings and Management Sdn Bhd (SSHMC Holdings), which in turn is wholly-owned by the State Financial Secretary (SFS). The rating reflects the SFS’ irre...

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Wednesday, Dec 15, 2010
MARC has affirmed the AAAID(s) rating on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) RM425 million Istisna’ Serial Bonds with a stable outlook. The affirmed rating is primarily underpinned by MARC’s AAA/stable public information rating on Sarawak state based on the state’s strong fiscal performance, low debt burden and fairly strong financial manageme...

This article has been viewed 987 times.
Monday, Nov 30, 2009
MARC has affirmed the AAAID(s) rating on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) RM425 million Istisna’ Serial Bonds. The outlook for the rating is stable. The affirmed rating is premised on MARC’s AAA rating on Sarawak state which, through its State Financial Secretary Inc. (SFS), has executed a redeemable preference share (RPS) subscription agreement ...

This article has been viewed 1046 times.
Monday, Dec 15, 2008
MARC has affirmed the AAAID(s) rating on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) RM425 million Istisna’ Serial Bonds (Bonds). The rating carries a stable outlook. The affirmed rating is supported by the Sarawak State Government’s (State) obligation to pay, in a timely manner, amounts due under a Redeemable Preference Share (RPS) subscription agreement b...

This article has been viewed 1047 times.
Friday, Jan 11, 2008
MARC has reaffirmed Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) Istisna’ Serial Bonds (Bonds) rating at AAA(s)ID. The rating outlook is stable. The suffix(s) indicates that the rating on the Istisna Serial Bonds is supported by the Sarawak State Government’s obligation to pay, in a timely manner, amounts due under a Redeemable Preference Share (RPS) subscri...

This article has been viewed 1078 times.
Thursday, Dec 28, 2006
MARC has reaffirmed Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) Istisna’ Serial Bonds (Bonds) rating at AAA(s)ID (AAA Support, Islamic Debt). The rating reflects the AAA rating of the Sarawak State Government since the source of funds to service the principal and profit for the Bonds will come directly from Sarawak State Government. The payments by SSHMC to the b...

This article has been viewed 1128 times.