MARC Ratings upgrades Evyap Malaysia’s RM500.0 million Sukuk Wakalah Programme rating to AAIS
MARC Ratings has upgraded Evyap Sabun Malaysia Sdn Bhd’s (Evyap Malaysia) RM500.0 million Sukuk Wakalah Programme rating to AAIS from AA-IS and accordingly revised the rating outlook to stable from positive. Evyap Malaysia’s healthy operational and financial performance, and sustained strong credit metrics since the initial rating was assigned in 2020 are key rating drivers …