Press Releases - Category: Technology
Displaying 1-10 of 74 results.
Monday, Mar 21, 2016
MARC has withdrawn its ratings of MARC-1IS and AAAIS on Pinnacle Tower Sdn Bhd’s RM50.0 million Islamic Commercial Papers (ICP) and RM400.0 million Islamic Medium-Term Notes (IMTN) respectively. The ratings withdrawal follows the full redemption and cancellation of the programmes as confirmed by the facility agent. Upon the withdrawal of the ratings, MARC will no longer be providing analyt...

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Tuesday, Oct 20, 2015
MARC has affirmed the ratings of MARC-1IS and AAAIS on Pinnacle Tower Sdn Bhd’s (Pinnacle Tower) RM50 million Islamic Commercial Papers (ICP) and RM400 million Islamic Medium-Term Notes (IMTN) respectively with a stable outlook. The affirmed ratings and stable outlook are premised on the outstanding principal and profit payments totalling RM92.5 million under the ICP/IMTN programmes being ...

This article has been viewed 246 times.
Thursday, Jun 25, 2015
MARC has kept unchanged its MARC-1IS and AAAIS ratings on Pinnacle Tower Sdn Bhd's RM50 million Islamic Commercial Paper (ICP) and RM400 million Islamic Medium-Term Notes (IMTN) Programmes respectively after concluding its review which was initiated on May 22, 2015. The rating outlook is stable. MARC had earlier placed the ratings under review in light of the impending dilution of the State ...

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Friday, May 22, 2015
MARC has placed Pinnacle Tower Sdn Bhd’s RM50 million Islamic Commercial Papers (ICP) and RM400 million Islamic Medium-Term Notes (IMTN) of MARC-1IS and AAAIS ratings under review to evaluate the impact of a proposed 50.0% equity divestment by the State Financial Secretary of Sarawak (SFS) in Sacofa Sdn Bhd (Sacofa). Pinnacle Tower is a wholly-owned special purpose funding vehicle for Sacof...

This article has been viewed 307 times.
Friday, Oct 17, 2014
MARC has affirmed the ratings of MARC-1IS and AAAIS on Pinnacle Tower Sdn Bhd’s (Pinnacle Tower) RM50 million Islamic Commercial Papers (ICP) and RM400 million Islamic Medium Term Notes (IMTN) respectively with a stable outlook. Wholly-owned by Sacofa Sdn Bhd (Sacofa), Pinnacle Tower is a special purpose funding vehicle for its parent company which is involved in telecommunication infrastru...

This article has been viewed 578 times.
Tuesday, Aug 26, 2014
MARC has withdrawn its AA-ID/Stable rating on Serrisa Sinar Berhad’s RM20.0 million Junior Islamic Medium-Term Notes (IMTN) Facility (Junior Notes facility).  The rating withdrawal follows the final redemption of the outstanding RM5.0 million under the facility on August 19, 2014 and the cancellation of the facility on August 21, 2014 as confirmed by the facility agent.Upon the cancella...

This article has been viewed 429 times.
Thursday, Jul 31, 2014
MARC has withdrawn its ratings of MARC-1ID/AAID on Serrisa Sinar Berhad’s (Serrisa Sinar) RM200.0 million Islamic Commercial Papers (ICP)/Islamic Medium-Term Notes (IMTN) Facility (Senior Notes facility). The rating withdrawal follows the full redemption of the outstanding RM5.0 million Senior Notes on July 21, 2014 and the cancellation of the facility on July 25, 2014 as confirmed by the fa...

This article has been viewed 1475 times.
Wednesday, Jun 04, 2014
MARC has withdrawn its ratings of AAID on Tele-Flow Capital Sdn Bhd’s RM10.0 million Junior Islamic Medium-Term Notes Facility. The rating withdrawal follows the final redemption of the outstanding RM5.0 million notes under the facility and the cancellation of the same on May 28, 2014 as confirmed by the facility agent.Upon the withdrawal of the rating, MARC will no longer be providing analy...

This article has been viewed 505 times.
Friday, Nov 15, 2013
MARC has upgraded its rating on Tele-Flow Capital Sdn Bhd‘s (Tele-Flow Capital) RM10.0 million Junior Islamic Medium Term Notes (IMTN) Facility (Junior Notes) to AAID from AA-ID. The rating outlook is stable. The rating action affects the RM5 million outstanding Junior Notes as at end-September 2013. The rating upgrade follows the elimination of the structural subordination of the Junior Not...

This article has been viewed 719 times.
Friday, Oct 18, 2013
MARC has affirmed its ratings of MARC-1IS and AAAIS on Pinnacle Tower Sdn Bhd’s (Pinnacle Tower) RM50 million Islamic Commercial Papers (ICP) and RM400 million Islamic Medium Term Notes (IMTN) respectively with a stable outlook. The rating action affects RM225 million of outstanding notes issued under the programme.Pinnacle Tower is a wholly-owned special purpose funding vehicle of Sacofa Sd...

This article has been viewed 709 times.