MARC Ratings affirms AA-IS rating on WM Senibong Capital’s RM1.0 billion Sukuk Wakalah Programme
MARC Ratings has affirmed its AA-IS rating on special purpose vehicle WM Senibong Capital Berhad’s (WMSC) Islamic Medium-Term Notes (Sukuk Wakalah) Programme of up to RM1.0 billion. The rating outlook is stable. WMSC is wholly owned by WM Senibong Sdn Bhd. The rating affirmation considers WM Senibong’s well-established track record in niche property development in …