Displaying 91-100 of 435 results.
Monday, Nov 11, 2013
MARC ASSIGNS FINAL RATINGS OF AA-IS AND AIS TO ALPHA CIRCLE SDN BHD’S RM540.0 MILLION SENIOR AND RM55.0 MILLION JUNIOR SUKUK MUSHARAKAH; OUTLOOK STABLE
MARC has assigned final ratings of AA-IS and AIS to Alpha Circle Sdn Bhd’s (Alpha Circle) RM540.0 million Senior Sukuk Musharakah and RM55.0 million Junior Sukuk Musharakah respectively under the Sukuk Musharakah programme. The outlook on the ratings is stable.Upon the receipt of the final documentation of the forthcoming issuance, MARC is satisfied that the terms and conditions of the Sukuk...
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Tuesday, Oct 29, 2013
MARC has issued this rating update as part of its ongoing surveillance process on its A+IS(cg) rating/Negative outlook on KMCOB Capital Berhad’s (KMCOB) Sukuk Murabahah Medium Term Notes programme (Sukuk Murabahah). Since MARC’s last rating action on KMCOB’s Sukuk Murabahah on April 9, 2013, the company has proposed to issue guaranteed serial bonds of up to RM320 million, to whic...
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Monday, Oct 28, 2013
MARC AFFIRMS ITS AAA(BG) AND AAA(FG) RATINGS ON PREMIER MERCHANDISE SDN BHD’S RM600 MILLION MTN PROGRAMME
MARC has affirmed its AAA(bg) and AAA(fg) ratings on investment holding company Premier Merchandise Sdn Bhd’s (Premier Merchandise) RM300 million seven-year bank-guaranteed Medium Term Notes (MTN) Programme (Tranche 1) and RM300 million nine-year Danajamin-guaranteed MTN Programme (Tranche 2) respectively. The outlook for both ratings is maintained at stable.The rating assigned on Tranche 1 ...
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Friday, Oct 25, 2013
MARC AFFIRMS AAAID(S) RATING ON SARAWAK SPECIALIST HOSPITAL & MEDICAL CENTRE SDN BHD’S RM425 MILLION ISTISNA’ SERIAL BONDS
MARC has affirmed the AAAID(s) rating on Sarawak Specialist Hospital & Medical Centre Sdn Bhd’s (SSHMC) outstanding RM61 million Istisna’ Serial Bonds with a stable outlook. The rating is underpinned by the irrevocable and unconditional obligation of the Sarawak State Government, via its State Financial Secretary Inc (SFS), to meet the repayment of the bonds under a redeemable pref...
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Wednesday, Oct 23, 2013
MARC ASSIGNS PRELIMINARY RATINGS OF AA-IS AND AIS TO ALPHA CIRCLE’S RM540.0 MILLION SENIOR AND RM55 MILLION JUNIOR SUKUK MUSHARAKAH; OUTLOOK STABLE
MARC has assigned preliminary ratings of AA-IS and AIS on special purpose company Alpha Circle Sdn Bhd’s (Alpha Circle) proposed RM540 million Senior Sukuk Musharakah (Senior Sukuk) and RM55 million Junior Sukuk Musharakah (Junior Sukuk) respectively under the Sukuk Musharakah programme. The ratings carry a stable outlook. The two-notch rating differential between the Senior Sukuk and the Ju...
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Thursday, Oct 17, 2013
MARC ASSIGNS PRELIMINARY RATING OF AAA(FG) TO KMCOB CAPITAL BERHAD’S GUARANTEED SERIAL BONDS OF UP TO RM320 MILLION WITH A STABLE OUTLOOK
MARC has assigned a preliminary rating of AAA(fg) to KMCOB Capital Berhad’s (KMCOB) proposed guaranteed serial bonds of up to RM320 million (Guaranteed Serial Bonds) with a stable outlook. The assigned rating and outlook reflect an unconditional and irrevocable financial guarantee provided by Danajamin Nasional Berhad (Danajamin) for the Guaranteed Serial Bonds. MARC currently rates Danajami...
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Wednesday, Oct 16, 2013
MARC AFFIRMS ITS AA- IS RATING ON WESTSTAR CAPITAL SDN BHD’S RM900.0 MILLION SUKUK MUDHARABAH PROGRAMME
MARC has affirmed its AA-IS on Weststar Capital Sdn Bhd's (Weststar Capital) RM900 million Sukuk Mudharabah Programme with a stable outlook. Established for the purpose of facilitating the issuance of the sukuk, Weststar Capital is a wholly-owned subsidiary of offshore helicopter operator Weststar Aviation Services Sdn Bhd (Weststar). Securing the sukuk are the rights to receive 40% of revenu...
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Wednesday, Oct 09, 2013
MARC has affirmed its AA- rating on Sports Toto Malaysia Sdn Bhd’s (Sports Toto) up to RM800.0 million Medium Term Note Programme (MTN) with a stable outlook. The rating action affects the outstanding RM580.0 million under the MTN programme. The affirmed rating reflects Sports Toto’s strong cash flow generation from its longstanding involvement in the Numbers Forecasting Operations (NF...
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Wednesday, May 22, 2013
MARC has withdrawn its AAAIS rating on IJN Capital Sdn Bhd’s RM209 million Sukuk Musyarakah Programme following the full redemption of the outstanding RM30 million on March 21, 2013 and cancellation of the programme as confirmed by the facility agent on May 20, 2013. MARC will no longer provide analytical coverage on the issuer upon withdrawal of the aforementioned rating.Contacts: Nisha Fer...
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Wednesday, May 22, 2013
MARC has affirmed its MARC-1ID/AAAID ratings on Sime Darby Berhad’s (Sime Darby) RM4.5 billion Islamic Medium Term Notes Programme (IMTN Programme) and RM500 million Islamic Commercial Papers (ICP) with a combined limit of RM4.5 billion (ICP/IMTN Programme). The outlook of the ratings is stable. The rating of MARC-1ID on the RM150 million Underwritten Murabahah Commercial Papers Facility has...
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