Credit Analysis Reports - Category: Infrastructure & Utilities
Displaying 21-30 of 378 results.
MARC has assigned its rating of A+IS(s) to single-purpose company Projek Lintasan Sungai Besi-Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah Programme (Sukuk Wakalah) of up to RM2.0 billion. Concurrently, MARC has also assigned its rating of AAAIS(fg) to PLSUKE’s proposed Danajamin-Guaranteed Facilities (Danajamin-Guaranteed Sukuk) of up to RM500.0 million (collectively the “Sukuk Programmes”...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 148 views 9 downloads
MARC has affirmed its AAAIS(fg) rating on Sarawak-based investment holding company Senari Synergy Sdn Bhd’s (Senari Synergy) RM380 million Islamic Medium-Term Notes (IMTN) Programme with a stable outlook. The rating and outlook hinge on an unconditional and irrevocable guarantee provided by Danajamin Nasional Berhad (Danajamin) on the IMTN obligations. Danajamin carries a financial insurer rati...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 243 views 25 downloads
MARC has assigned a rating of AA-IS to Southern Power Generation Sdn Bhd’s (Southern Power) proposed Sukuk Wakalah of up to RM4.0 billion. The outlook on the rating is stable. Southern Power, a 51:49 joint venture (JV) between Tenaga Nasional Berhad (TNB) and SIPP Energy Sdn Bhd (SIPP), will utilise proceeds from the sukuk to develop a 2x720-megawatt (MW) combined cycle gas-fired plant in Pasir ...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 322 views 33 downloads
MARC has assigned a rating of AA-IS to Quantum Solar Park (Semenanjung) Sdn Bhd’s (QSP Semenanjung) Green SRI Sukuk of up to RM1.0 billion. The outlook on the rating is stable. QSP Semenanjung is a wholly-owned subsidiary of Quantum Solar Park Malaysia Sdn Bhd, with the latter’s ownership interest equally divided among ItraMAS Technology Sdn Bhd (ItraMAS), MalTechPro Sdn Bhd (MalTechPro) and ...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 244 views 12 downloads
MARC has affirmed its rating of AA-IS on Tanjung Bin O&M Berhad’s (Tanjung Bin O&M) RM470.0 million Islamic Securities (Sukuk Wakalah) with a stable outlook. The rating reflects the credit strength of parent company Malakoff Power Berhad (MPower) which has provided unconditional and irrevocable undertaking in the form of cash deficiency support to top up any shortfall in the financ...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 134 views 12 downloads
MARC has affirmed the AA-IS rating on Kimanis Power Sdn Bhd's (KPSB) RM1,160.0 million Sukuk Programme (sukuk) with a stable outlook. KPSB is the owner of the 285-megawatt (MW) combined-cycle gas-fired power plant at Kimanis Bay, Sabah. The affirmed rating continues to be underpinned by the favourable terms of KPSB’s 21-year power purchase agreement (PPA) that allocates demand risk and fue...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 167 views 11 downloads
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 ...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 271 views 44 downloads
MARC has affirmed its rating of AA-IS on toll concessionaire Lebuhraya DUKE Fasa 3 Sdn Bhd’s (DUKE 3) RM3.64 billion Sukuk Wakalah with a stable outlook. DUKE 3, a wholly-owned subsidiary of Ekovest Berhad (Ekovest), is undertaking the design, construction, financing, operations and maintenance of the 32.1km DUKE Phase 3 expressway in Kuala Lumpur. The expressway, which will connect the Mi...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 174 views 26 downloads
MARC has affirmed its AA+IS rating on Kapar Energy Ventures Sdn Bhd’s (KEV) RM2.0 billion Sukuk Ijarah and revised the rating outlook to stable from negative. KEV, a 60%-owned subsidiary of Tenaga Nasional Berhad (TNB), owns and operates Kapar Power Station (KPS), the largest domestic multi-fuel thermal power station with four generating facilities (GF) with a combined nominal capacity of ...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 178 views 24 downloads
MARC has affirmed its rating on Celcom Networks Sdn Bhd’s (CNSB) RM5.0 billion Sukuk Murabahah Programme of AA+IS. MARC continues to maintain a negative outlook on the rating. CNSB provides network telecommunication services to its parent, Celcom Axiata Berhad (Celcom), through network telecommunication assets. The rating and outlook are premised on the overall credit profile of the Celcom...


Normal Price: RM500.00       Subscriber Price: Free Download