Press Releases - Category: Property
Displaying 1-10 of 418 results.
Monday, Dec 18, 2017
MARC has assigned a preliminary rating of AA- to Segi Astana Sdn Bhd’s (Segi Astana) proposed 10-year ASEAN Green Medium-Term Notes facility (MTN facility) of up to RM415.0 million with a stable outlook. Concurrently, MARC has affirmed its rating of AAA(fg) with a stable outlook on Segi Astana's existing RM470.0 million Medium-Term Notes programme guaranteed by Danajamin Nasional Berhad (Danaja...

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Monday, Dec 04, 2017
MARC has assigned a final rating of AAIS to Fortune Premiere Sdn Bhd’s (Fortune Premiere) RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The outlook on the rating is stable. The assigned rating applies only to ringgit-denominated notes issued under the multi-currency sukuk. Upon review of the final documentation of the issuance, MARC is satisfied that t...

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Friday, Nov 24, 2017
MARC has affirmed its MARC-1/AA- ratings on Sunway Berhad’s (Sunway) RM2.0 billion seven-year (2013-2020) Commercial Papers/Medium-Term Notes (CP/MTN) programme respectively. Concurrently, the rating agency affirmed its MARC-1IS(cg) /AA-IS(cg) ratings on Sunway Treasury Sukuk Sdn Bhd’s RM2.0 billion seven-year (2015-2022) Islamic Commercial Papers/Islamic Medium-Term Notes (ICP/IMTN) programm...

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Wednesday, Nov 15, 2017
MARC has affirmed its rating of AA- on Central Impression Sdn Bhd’s (CISB) 11-year Fixed Rate Serial Bonds of RM120.0 million. The rating carries a stable outlook. CISB is the owner of the AEON Klebang shopping mall in Ipoh. The affirmed rating reflects the credit strength of AEON Co (M) Berhad (AEON), which, as the principal lessee of the AEON Klebang shopping mall, is making fixed lease ...

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Monday, Oct 30, 2017
MARC has assigned a final short-term rating of MARC-1IS to Titijaya Land Berhad’s (Titijaya) RM150.0 million Islamic Commercial Papers (ICP) Programme. The outlook on the rating is stable. Upon review of the final documentation of the issuance, MARC is satisfied that the terms and conditions of the ICP Programme have not changed in any material way from the draft documentation on which the...

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Tuesday, Oct 17, 2017
MARC has assigned a preliminary rating of AAIS to Fortune Premiere Sdn Bhd’s (Fortune Premiere) proposed RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The outlook on the rating is stable. The assigned rating applies only to ringgit-denominated notes issued under the multi-currency sukuk. Wholly owned by IOI Properties Group Berhad (IOI Properties), For...

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Wednesday, Oct 04, 2017
MARC has affirmed its AAAIS rating on special purpose vehicle Aman Sukuk Berhad’s (Aman) Islamic Medium-Term Notes (IMTN) programme of up to RM10.0 billion with a stable outlook. The affirmed rating is premised on the credit strength of the Malaysian government as the sole paymaster of the sublease rentals which are sufficient to meet the principal and profit payments under the IMTN progra...

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Wednesday, Aug 23, 2017
MARC has assigned a preliminary short-term rating of MARC-1IS to Titijaya Land Berhad’s (Titijaya) proposed RM150 million Islamic Commercial Papers (ICP) Programme. The outlook on the rating is stable. The rating incorporates Titijaya’s fairly established property development track record, strong profitability margins and moderate financial flexibility. Notwithstanding these factors, the...

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Thursday, Aug 03, 2017
MARC has assigned a final rating of AAAIS with a stable outlook to Putrajaya Bina Sdn Bhd’s (PBSB) proposed Islamic Medium-Term Notes (Sukuk Wakalah) Programme of up to RM1.58 billion. MARC had earlier assigned a preliminary rating of AAAIS/stable to the proposed issuance in February 2016. As announced earlier, PBSB, a wholly-owned subsidiary of Putrajaya Holdings Sdn Bhd (PJH), is underta...

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Tuesday, May 02, 2017
MARC has affirmed its ratings of MARC-1IS/AA-IS on UEM Sunrise Berhad’s (UEM Sunrise) two Islamic Commercial Paper and Islamic Medium-Term Notes programmes (ICP/IMTN-1 and ICP/IMTN-2). The ICP/IMTN-1 and ICP/IMTN-2 each has a nominal value of RM2.0 billion with a sublimit of RM500.0 million on the ICP programmes. The outlook on the ratings is stable. Majority-owned by UEM Group Berhad (UEM Gr...

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