Press Releases - Date: Two Weeks Ago
Displaying 1-7 of 7 results.
Monday, Oct 22, 2018
MARC has affirmed its AA+IS rating on Celcom Networks Sdn Bhd’s (CNSB) RM5.0 billion Sukuk Murabahah Programme. Concurrently, the rating outlook has been revised to stable from negative. CNSB, a wholly-owned subsidiary of Celcom Axiata Berhad (Celcom), provides network telecommunication services to its parent. In assessing CNSB’s rating, MARC considers the overall credit profile of the C...

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Wednesday, Oct 17, 2018
MARC has affirmed its long-term and short-term financial institution (FI) ratings of A+ and MARC-1 on Kenanga Investment Bank Berhad (Kenanga). The FI ratings are based on a national rating scale. The outlook on the ratings is stable. The affirmed ratings are primarily premised on Kenanga’s strong competitive position in the retail stockbroking business in Malaysia, its sound capital posit...

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Tuesday, Oct 16, 2018
MARC has affirmed Maybank Islamic Berhad’s long-term and short-term financial institution (FI) ratings of AAA and MARC-1 based on the domestic rating scale. Maybank Islamic’s long-term FI rating is equalised to parent Malayan Banking Berhad’s (Maybank) rating of AAA, based primarily on its strategic importance to the Maybank group. The ratings outlook is stable. MARC has also assigned ...

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Tuesday, Oct 16, 2018
MARC has affirmed its long-term and short-term financial institution (FI) ratings of AA- and MARC-1 on KAF Investment Bank Berhad (KAF IB) with a stable outlook. The affirmed ratings primarily reflect KAF IB’s strong capital ratios and liquidity levels, underpinned by a conservative investment strategy. The rating is moderated by the susceptibility of KAF IB’s performance to domestic cap...

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Thursday, Oct 11, 2018
MARC has affirmed its AA-IS rating on Quantum Solar Park (Semenanjung) Sdn Bhd’s (QSP Semenanjung) RM1.0 billion Green SRI Sukuk. The rating outlook has been revised to negative from stable. The negative outlook reflects primarily the heightened termination risk of two of the three solar power purchase agreements (PPA) following delays in achieving commercial operation dates (COD) of QSP ...

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Wednesday, Oct 10, 2018
MARC has affirmed its AA-IS rating on SAJ Capital Sdn Bhd’s (SAJ Capital) Sukuk Murabahah of up to RM650.0 million for up to 12 years. The outlook on the rating is stable. The rating on SAJ Capital is equated with that of its sister company Ranhill SAJ Sdn Bhd (SAJ) on the basis that the former functions as a single-purpose funding conduit for the sukuk. SAJ Capital and SAJ are held by Ran...

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Wednesday, Oct 10, 2018
MARC has affirmed its AAAIS rating with a stable outlook on Putrajaya Bina Sdn Bhd’s (PBSB) RM1.58 billion Islamic Medium-Term Notes (Sukuk Wakalah) Programme. PBSB is developing nine blocks of government office buildings and one block of shared facilities in Parcel F, Precinct 1, Putrajaya under a 28-and-a-half-year concession agreement with the Malaysian government. The RM1.9 billion dev...

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