Credit Analysis Reports - Category: Property
Displaying 1-10 of 296 results.
Popularity: 7 views 2 downloads
MARC has affirmed its MARC-1IS /AA-IS ratings on UEM Sunrise Berhad’s two Islamic Commercial Papers and Islamic Medium-Term Notes programmes (ICP/IMTN-1 and ICP/IMTN-2) with a stable outlook. Each of the ICP/IMTN programmes has a limit of RM2.0 billion with a sublimit of RM500.0 million on the ICP issuances. The affirmed rating is driven by UEM Sunrise’s healthy track record as a property...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 7 views 1 downloads
MARC has affirmed its ratings on Berjaya Land Berhad’s (BLand) RM500.0 million Medium-Term Notes (MTN) Programme guaranteed by Danajamin Nasional Berhad (Danajamin) at AAA(fg) and RM150.0 million MTN Programme guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia) at AAA(bg). The ratings outlook is stable. The affirmed ratings reflect the unconditional and irrevocable guarantees provided by D...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 121 views 13 downloads
MARC has affirmed its AAIS  rating on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook is stable.Fortune Premiere’s rating reflects the credit strength of its parent company IOI Properties Group Berhad (IOI Properties) which has provided an unconditional and irrevocable corporate guarantee on the issuance. IO...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 395 views 52 downloads
MARC has assigned a final rating of AA+IS with a stable outlook to Sime Darby Property Berhad's (SD Property) Islamic Medium-Term Notes programme of RM4.5 billion under the Shariah principle of Musharakah (Sukuk Musharakah Programme). The 30-year Sukuk Musharakah programme expiring in 2039 had been novated to SD Property from Sime Darby Berhad as part of the restructuring exercise undertaken in 20...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 184 views 30 downloads
MARC has affirmed its ratings on Sunway Berhad’s issuances under the RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) programmes at MARC-1/AA-. Concurrently, the rating agency also affirmed its ratings on Sunway Treasury Sukuk Sdn Bhd’s issuances under the RM2.0 billion Sukuk Programme and RM10.0 billion Islamic Commercial Papers/Islamic Medium-Term Notes (ICP/ IMTN) programmes at MA...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 200 views 43 downloads
MARC has assigned a final rating of A+IS to Sunsuria Berhad’s RM500.0 million Sukuk Wakalah Programme. The rating outlook is stable.Sunsuria is a mid-size property developer whose main development is the 375-acre Sunsuria City township in Salak Tinggi, Selangor. Sunsuria remains focused on property development projects within the Klang Valley over the near term.The assigned rating is premised on...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 72 views 9 downloads
MARC has affirmed its AAA and MARC-1 ratings on Kinabalu Capital Sdn Bhd’s RM20 million Class A Medium-Term Notes (MTN) and RM200 million Commercial Papers (CP) under Issue 1. The aggregate outstanding nominal value of MTN and CP programmes under Issue 1 is capped at RM220 million. The ratings outlook is stable. As at end-September 2020, the amount outstanding under Issue 1 stood at RM220 millio...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 364 views 22 downloads
MARC has affirmed its AA- rating on Segi Astana Sdn Bhd’s RM415.0 million ASEAN Green Medium-Term Notes facility (MTN facility). The rating outlook, however, has been revised to negative from stable. The current outstanding under the rated facility is RM365 million.The outlook revision reflects MARC’s concern that the sharp decline in passenger traffic volume at Kuala Lumpur International Airp...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 84 views 19 downloads
MARC has affirmed its rating of MARC-2IS on Titijaya Land Berhad’s (Titijaya) RM150 million Islamic Commercial Papers (ICP) Programme. The outstanding notes under the programme stood at RM70.0 million as at end-July 2020.The rating incorporates Titijaya’s track record in developing projects in and around mature housing areas to mitigate demand risk, and its moderate leverage and liquidity posi...


Normal Price: RM500.00       Subscriber Price: Free Download
Popularity: 80 views 17 downloads
MARC has affirmed its AA- rating on Central Impression Sdn Bhd’s (CISB) RM120.0 million Fixed Rate Serial Bonds. The rating outlook remains negative. The rating outlook was revised to negative last year over its reduced cash buffer due to a higher tax liability arising from underpayments in prior years totalling RM3.2 million. CISB is required to settle the tax arrears in four annual instal...


Normal Price: RM500.00       Subscriber Price: Free Download