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Tuesday, Aug 17, 2010
MARC WITHDRAWS ITS RATINGS ON HYTEX’S RM100.0 MILLION MUNIF/IMTN PROGRAMME
MARC has withdrawn Hytex Integrated Berhad’s (Hytex) ratings of MARC-4ID/B+ID for business reasons. MARC’s last rating action was on July 28, 2010 when the notes were downgraded from MARC-3ID/BBB-ID to MARC-4ID...
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Search for similar group: Consumer ProductsTextiles & GarmentsHYTEXIN
 
 
Wednesday, Jul 28, 2010
MARC DOWNGRADES RATINGS ON HYTEX’S RM100.0 MILLION MUNIF/IMTN PROGRAMME TO MARC-4ID/B+ID, REVISES OUTLOOK TO NEGATIVE
MARC has downgraded its ratings on Hytex Integrated Berhad’s (Hytex) RM100.0 Million Murabahah Underwritten Notes Issuance Facility/ Islamic Medium Term Notes (MUNIF/IMTN) to MARC-4ID/B+ID from MARC-3ID / BBB-ID. Its rating outlook has be...
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Thursday, Oct 15, 2009
MARC DOWNGRADES HYTEX INTEGRATED BERHAD’S MUNIF/IMTN RATINGS TO MARC-3ID / BBB-ID, ATTACHES DEVELOPING OUTLOOK
MARC has downgraded its ratings on Hytex Integrated Berhad’s (Hytex) RM100 Million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes (MUNIF/IMTN) to MARC-3ID / BBB-ID from MARC-2ID / A-ID. The rating carries a devel...
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This article has been viewed 386 times.
Search for similar group: Consumer ProductsTextiles & GarmentsHYTEXIN
 
 
Thursday, May 7, 2009
MARC AFFIRMS ITS MARC-2ID/A-ID RATINGS ON HYTEX INTEGRATED BERHAD’S RM100 MILLION MURABAHAH UNDERWITTEN NOTES ISSUANCE FACILITY/ ISLAMIC MEDIUM TERM NOTES; REVISES OUTLOOK TO NEGATIVE
MARC has affirmed the ratings of apparel manufacturer Hytex Integrated Berhad’s (Hytex) RM100.0 million Murabahah Underwritten Notes Issuance Facility/ Islamic Medium Term Notes (MUNIF/ IMTN) at MARC-2ID /A-ID. Concurrently, MARC has revised the rating outlook to negative from deve...
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This article has been viewed 429 times.
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Thursday, Mar 13, 2008
MARC’S RATING UPDATE ON HYTEX INTEGRATED BERHAD’S (HIB) MARC-2ID /A-ID RATINGS
MARC is issuing this rating update in connection with its MARC-2ID /A-ID ratings on HIB’s RM100.0 million Murabahah Underwritten Notes Issuance Facility/ Islamic Medium Term Notes. Following MARC’s affirmation of the ratings on 14 November 2007 and revision of its ratings outlook to developing from stable, HIB was not able to restore its debt leverage and liquidity measures by end-Janu...
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This article has been viewed 600 times.
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Thursday, Jan 24, 2008
MARC REMOVES AXIS INCORPORATION BERHAD’S RATINGS FROM MARCWATCH DEVELOPING STATUS AND WITHDRAWS RATINGS
MARC has removed its MARC-2/A ratings on Axis Incorporation Berhad’s (Axis) RM100.0 million Commercial Papers/Medium Term Notes Programme (CP/MTN) from MARCWatch Developing and withdrawn the ratings with immediate effect. The rating actions follow written confirmation from RHB Investment Bank Berhad of the full redemption an...
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This article has been viewed 508 times.
Search for similar group: Industrial ProductsTextiles & GarmentsAXIS
 
 
Tuesday, Nov 27, 2007
MARC REVISES MARCWATCH STATUS ON AXIS INCORPORATION BERHAD’S (AXIS) RATING OF ITS RM100 MILLION COMMERCIAL PAPERS / MEDIUM TERM NOTES PROGRAMME
MARC has revised the MARCWatch status on the MARC-2/A ratings of Axis Incorporation Berhad’s (Axis) RM100.0 million Commercial Papers / Medium Term Notes Programme (CP/MTN) upon completion of its annual review, from Negative to Developing. The revision in MARCWatch status reflects an anticipated refinancing of the CP/MTN facility with bank borrowings by end 2007. The Company is at an advance...
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This article has been viewed 457 times.
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Wednesday, Nov 14, 2007
MARC REMOVES HYTEX INTEGRATED BERHAD’S (HIB) RATINGS FROM MARCWATCH NEGATIVE AND REAFFIRMS ITS MARC-2ID /A-ID RATINGS WITH A DEVELOPING OUTLOOK
MARC has removed the MARC-2ID /A-ID ratings of HIB’s RM100.0 million Murabahah Underwritten Notes Issuance Facility/ Islamic Medium Term Notes (MUNIF/ IMTN) from MARCWatch Negative and reaffirmed the ratings. The reaffirmed ratings reflect MARC’s expectations of improvements in HIB’s operating performance with its newly commissioned integrated plant in China. The developing outlo...
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This article has been viewed 622 times.
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Thursday, Oct 11, 2007
MARC WITHDRAWS RATING ON CNLT (FAR EAST) BERHAD’S RM60.0 MILLION BANK GUARANTEED COMMERCIAL PAPERS / MEDIUM TERM NOTES ISSUANCE PROGRAME
MARC has removed CNLT (Far East) Berhad’s (CNLT) MARC-1(bg)/A(bg)  ratings from MARCWatch Negative and revised the ratings to “not meaningful”. Subsequently, MARC has withdrawn the ratings. The rating actions follow an announcement by CNLT to Bursa Malaysia on 10 O...
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This article has been viewed 548 times.
Search for similar group: Consumer ProductsTextiles & GarmentsCNLT
 
 
Wednesday, Oct 3, 2007
MARC PLACES AXIS INCORPORATION BERHAD’S (AXIS) RATINGS ON MARCWATCH NEGATIVE
MARC has placed the MARC-2/A ratings of Axis Incorporation Berhad’s (Axis) RM100.0 million Commercial Papers / Medium Term Notes Programme (CP/MTN) on MARCWatch Negative. The MARCWatch placement reflects a breach of the gearing covenant on the part of Axis as at end-March 2007 which remains unresolved....
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This article has been viewed 514 times.
Search for similar group: Industrial ProductsTextiles & GarmentsAXIS
 
 
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