Sustainability

MARC Ratings assigns “Gold” Impact Assessment to Berapit Mobility’s Sustainable Finance Framework

MARC Ratings has assigned a “Gold” Impact Assessment to Berapit Mobility Sdn Bhd’s (BMSB) Sustainability Sukuk Framework. The framework has been established to set the guiding principles for BMSB’s issuance of Sustainability Sukuk for eligible projects that contribute towards environmental and social benefits. BMSB, incorporated in September 2023, is a subsidiary of SMH Rail Sdn …

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MARC Ratings assigns “Gold” Impact Assessment to Johor Plantations Group’s Sustainable Finance Framework

MARC Ratings has assigned a “Gold” Impact Assessment to Johor Plantations Group Berhad’s (JPG) Sustainable Finance Framework. The framework was established to outline how JPG plans to undertake sustainable finance transactions to deliver environmental and social benefits. JPG is involved throughout the value chain of the palm oil business, from cultivating oil palms to producing …

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MARC Ratings assigns “Gold” Impact Assessment to TNB Power Generation’s Sustainability Sukuk Framework

MARC Ratings has assigned a “Gold” Impact Assessment to TNB Power Generation Sdn Bhd’s (TPGSB) Sustainability Sukuk Framework that has now been expanded to encompass the development and operation of other renewable energy projects or assets, in addition to the Nenggiri Hydroelectric Power Plant Project. TPGSB will issue Sustainability Sukuk from its existing Sukuk Wakalah …

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MARC Ratings assigns “Gold” Impact Assessment to Bank Kerjasama Rakyat Malaysia’s Sustainability Sukuk Framework

MARC Ratings has assigned a “Gold” Impact Assessment to Bank Kerjasama Rakyat Malaysia Berhad’s (Bank Rakyat) Sustainability Sukuk Framework. The framework has been established to set the guiding principles for Bank Rakyat’s issuance of Sustainability Sukuk for eligible projects that contribute towards environmental and social benefits. Bank Rakyat is the largest Islamic cooperative bank in …

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MARC Ratings assigns “Gold” Impact Assessment to Paramount’s Sustainability-Linked Financing Framework

MARC Ratings has assigned a “Gold” Impact Assessment to Paramount Corporation Berhad’s Sustainability-Linked Financing Framework. The framework has been established to set the guiding principles for Paramount’s issuance of Sustainability-Linked Financing to achieve sustainability performance targets (SPTs) in relation to selected key performance indicators (KPIs). Bursa Malaysia-listed Paramount has been involved in property development since …

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MARC Ratings assigns “Gold” Impact Assessment to Malaysia Rail Link’s SDG Sukuk Framework

MARC Ratings has assigned a “Gold” Impact Assessment to Malaysia Rail Link Sdn Bhd’s (MRL) SDG Sukuk Framework. The framework has been established to set the guiding principles for MRL’s issuance of SDG Sukuk for specific eligible projects that contribute towards environmental and social benefits. MRL, a special purpose vehicle company wholly owned by Malaysia’s …

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MARC Ratings assigns “Silver” Impact Assessment to Sunway Velocity Three’s Sustainable Financing Framework

MARC Ratings has assigned a “Silver” Impact Assessment to Sunway Velocity Three Sdn Bhd’s (SV3) Sustainable Financing Framework. The framework has been established to set the guiding principles for SV3’s issuance of sustainable financing instruments for specific eligible projects that contribute towards environmental and social benefits. SV3, formerly known as Tanda Warisan Sdn Bhd, is …

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MARC Ratings assigns “Gold” Impact Assessment to Malakoff Corporation’s Sustainable Finance Framework

MARC Ratings has assigned a “Gold” Impact Assessment to Malakoff Corporation Berhad’s (Malakoff) Sustainable Finance Framework. The framework has been established to set the guiding principles for Malakoff’s issuance of sustainable financing instruments for specific eligible projects that contribute towards environmental and social benefits. Malakoff stands as Malaysia’s largest independent power producer with a total …

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MARC Ratings assigns “Gold” Impact Assessment to LBS’ Sustainable Financing Framework

MARC Ratings has assigned a “Gold” Impact Assessment to LBS Bina Group Berhad’s (LBS) Sustainable Financing Framework. The framework has been established to set the guiding principles for LBS’ sustainable financing instruments for specific eligible projects that contribute towards environmental and social benefits. MARC Ratings has assessed the framework and is satisfied that it is …

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MARC Ratings assigns “Gold” Impact Assessment to Solarvest Holdings’ Sustainability Sukuk Framework

MARC Ratings has assigned a “Gold” Impact Assessment to Solarvest Holdings Berhad’s (Solarvest) Sustainability Sukuk Framework (the Framework). The Framework has been established to set the guiding principles for Solarvest’s issuances of Islamic financing instruments for specific eligible projects. MARC Ratings has assessed the Framework and is satisfied that it is aligned with the core …

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