Rating

MARC affirms AA-IS and AIS ratings on Alpha Circle’s Senior and Junior Sukuk Musharakah and revises outlook to stable

Posted Date: January 15, 2020 MARC has affirmed its ratings on Alpha Circle Sdn Bhd’s RM540 million Senior Sukuk Musharakah and RM55 million Junior Sukuk Musharakah at AA-IS and AIS. The ratings outlook has been revised to stable from negative. The outlook revision incorporates the improvement in the volume of foreign worker permits issued since …

MARC affirms AA-IS and AIS ratings on Alpha Circle’s Senior and Junior Sukuk Musharakah and revises outlook to stable Read More »

MARC affirms Segi Astana’s AA- rating with outlook revised to stable

Posted Date: January 15, 2020 MARC has affirmed its AA- rating on Segi Astana Sdn Bhd’s RM415.0 million ASEAN Green Medium-Term Notes facility (MTN facility). The outlook is revised to stable from negative. Segi Astana’s rating and the outlook mirror its parent WCT Holdings’ senior debt ratings of AA- with stable outlook which was revised …

MARC affirms Segi Astana’s AA- rating with outlook revised to stable Read More »

MARC affirms Kenanga Investment Bank’s FI ratings at A+/MARC-1

MARC has affirmed its long-term and short-term financial institution (FI) ratings of A+ and MARC-1 on Kenanga Investment Bank Berhad (Kenanga) with a stable outlook. The affirmed ratings are primarily premised on Kenanga’s strong competitive position in the retail stockbroking business in Malaysia, its healthy capital position, its moderate profitability metrics and adequate funding profile. …

MARC affirms Kenanga Investment Bank’s FI ratings at A+/MARC-1 Read More »