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Tuesday, Mar 16, 2010
MARC DOWNGRADES ITS RATINGS ON NAM FATT CORPORATION BERHAD TO MARC-4ID/CID AND CONTINUES TO PLACE RATINGS ON MARCWatch NEGATIVE
MARC has downgraded its ratings on Nam Fatt Corporation Berhad’s (Nam Fatt) RM250 million Islamic Commercial Paper/Islamic Medium Term Notes Programme (ICP/IMTN) to MARC-4ID/CID from MARC-3ID/BBB+ID. The ratings continue to be placed on M...
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Search for similar group: ConstructionNAMFATT
 
 
Tuesday, Mar 9, 2010
MARC WITHDRAWS CIMB GROUP HOLDINGS’ SUBORDINATED NOTES RATING AT ISSUER’S REQUEST
MARC announced today that it has affirmed with a stable outlook and withdrawn its A+ rating on CIMB Group Holdings Berhad's (CIMBG Holdings) RM3.0 billion Cumulative Subordinated Fixed Rate Notes Programme (2009/2074).  The rating withdrawal is subsequent to the issuer's request and means that MARC will no longer carry out su...
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This article has been viewed 51 times.
Search for similar group: FinanceFinancial Holding CompanyCIMBGROUP
 
 
Friday, Mar 5, 2010
MARC WITHDRAWS RATINGS ON SIME DARBY BERHAD’S RM1,500 MILLION AL-MURABAHAH COMMERCIAL PAPERS AND MEDIUM TERM NOTES PROGRAMME (CP/MTN)
MARC has withdrawn the MARC-1ID/AAAID ratings assigned to Sime Darby Berhad’s (Sime Darby) RM1,500 million Al-Murabahah CP/MTN Programme with immediate effect following the full redemption and cancellation of the programme as confirmed by the facility agent, CIMB Investment Bank Be...
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This article has been viewed 67 times.
Search for similar group: Trading/ServicesConglomeratesSDB
 
 
Friday, Mar 5, 2010
MARC ISSUES RATING UPDATE ON TRACOMA HOLDINGS BERHAD’S CID RATING ON ITS RM100 MILLION RESTRUCTURED BaIDS FOLLOWING PN17 ANNOUNCEMENT
MARC has issued a rating update on its CID rating on Tracoma Holdings Berhad’s (Tracoma) RM100 million Restructured Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS) following Tracoma’s announcement on March 2, 2010 that it had become an affected listed issuer pursuant to Bursa Malaysia Sec...
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Search for similar group: Industrial ProductsAutomotiveTRACOMA
 
 
Friday, Mar 5, 2010
MARC AFFIRMS RATINGS ON ALL CLASSES OF ABS LOGISTICS BERHAD’S RM160 MILLION SENIOR SUKUK IJARAH
MARC has affirmed the ratings of ABS Logistics Berhad’s (ALB) Senior Sukuk comprising  RM100 million of Class A, RM20 million of Class B and RM40 million of Class C Sukuk at AAAIS , AAIS and AAAIS(bg), respectively. The outlook on the ratings is stable. T...
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Search for similar group: PropertyABSLOGISTICS
 
 
Tuesday, Mar 2, 2010
MARC EXPECTS NO IMPACT ON RATING OF VASTALUX CAPITAL’S SUKUK ARISING FROM THE SUSPENSION OF ITS PETRONAS LICENSE
MARC announced today that Petroliam Nasional Berhad’s (Petronas) suspension of Vastalux Sdn Bhd’s (Vastalux) license is not expected to have a material impact on it’s rating of A+IS/Stable on Vastalux Capital Sdn Bhd’s (VCSB) RM100 million Sukuk Musyarakah. The rating had been downgrad...
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Search for similar group: Trading/ServicesOil & GasVASTALUXCAP
 
 
Tuesday, Mar 2, 2010
MARC WITHDRAWS ITS RATING ON LEADER UNIVERSAL HOLDINGS BERHAD’S ISLAMIC DEBT PROGRAMME
MARC has withdrawn its rating of AID on Leader Universal Holdings Berhad’s RM150 million Murabahah Medium Term Notes Issuance Programme with immediate effect following the early redemption of the entire outstanding amount and cancellation of the programme on February 25, 2010, as confirmed by its facili...
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This article has been viewed 51 times.
Search for similar group: Industrial ProductsBuilding MaterialsLEADER
 
 
Monday, Mar 1, 2010
MARC REMOVES ITS RATINGS ON ARL POWER SDN BHD’S ISLAMIC DEBT ISSUANCES FROM MARCWATCH DEVELOPING; WITHDRAWS RATING
MARC has removed its ratings of A+ID on ARL Power Sdn Bhd’s RM177.0 million Al Bai’ Bithaman Ajil Secured Serial Bonds (ABBA) and RM50.0 million Islamic Medium Term Notes (IMTN) respectively from MARCWatch Developing where it was placed on January 4, 2010. At the same time, MARC has withdrawn the ...
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This article has been viewed 53 times.
Search for similar group: Infrastructure & UtilitiesPowerARLT
 
 
Thursday, Feb 25, 2010
MARC DOWNGRADES ITS RATING OF MATANG HIGHWAY SDN BHD’S RM70.0 MILLION SUKUK MUSHARAKAH TO AIS FROM AA-IS; REMOVES RATING FROM MARCWATCH
MARC has downgraded its rating on Matang Highway Sdn Bhd’s (Matang) RM70.0 million Sukuk Musharakah issuance to AIS from AA-IS and concurrently removed the rating from MARCWatch Negative where it was first placed on August 6, 2009. The rating outlook is negative. ...
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This article has been viewed 88 times.
Search for similar group: ConstructionZMPSV
 
 
Tuesday, Feb 23, 2010
MARC AFFIRMS MULPHA INTERNATIONAL BHD’S ISLAMIC DEBT RATINGS
MARC has affirmed its bank guaranteed ratings of MARC-1ID(bg)/AA-ID(bg) on Mulpha International Berhad’s (Mulpha) RM75 million Bank Guaranteed Murabahah Notes Issuance Facility (MUNIF). The bank guaranteed ratings reflect the lower of the financial institution ratings of AmInvestme...
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This article has been viewed 71 times.
Search for similar group: Trading/ServicesConglomeratesMULPHA
 
 
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