Sustainability

Posted Date: February 22, 2022 MARC Ratings has assigned a “Silver” Sustainability Sukuk Assessment to MBSB Bank Berhad’s ASEAN Sustainable and Responsible Investment (SRI) Sustainability Sukuk Framework (the Framework). The Framework identifies a total of 13 Eligible Categories, each of which contributes to one or more sustainability objectives and United Nations’ Sustainable Development Goals (SDGs). …

“Silver” Sustainability Sukuk Assessment assigned to MBSB Bank’s ASEAN SRI Sustainability Sukuk Framework Read More »

Posted Date: December 7, 2021 MARC has accorded a Silver Impact Bond Assessment to SunREIT Unrated Bond Berhad’s (SUB) Sustainability-Linked Bonds (SLB) Framework which governs the terms of the SLB. SUB’s issuance of the first tranche of the SLB is part of Sunway Real Estate Investment Trust’s (Sunway REIT) maiden sustainable financing exercise and marks …

Sunway REIT issues inaugural sustainability-linked bonds; MARC assigns “Silver” impact assessment to bond framework Read More »

Posted Date: October 11, 2021 MARC has assigned a “Gold” Sustainability Sukuk Assessment to UEM Sunrise Berhad’s (UEMS) Sustainability Sukuk Framework (the Framework). The Framework will finance green, social or sustainability projects falling under six categories: green buildings, energy efficiency and renewable energy, affordable housing, pollution prevention and control, sustainable water and wastewater management, and …

“GOLD” sustainability sukuk assessment assigned to UEM Sunrise’s Sustainability Sukuk Framework Read More »

Posted Date: September 27, 2021 MARC has assigned a “Gold” Impact Assessment to Bank Pembangunan Malaysia Berhad’s (Bank Pembangunan) Sustainable Development Sukuk Framework (Framework). The focus of the Framework is on supporting the financing needs of targeted and new growth sectors that are important to advancing sustainable economic growth and promoting inclusive growth and climate …

MARC assigns “GOLD” impact assessment to Bank Pembangunan’s Sustainable Development Sukuk Framework Read More »

Posted Date: June 23,2021 MARC has assigned a “Gold” Sustainability Sukuk Assessment to the Sustainability Sukuk Framework (SSF) of Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank). The SSF sets out the guidelines for SME Bank’s Sustainability Sukuk issuances under its proposed Islamic Medium-Term Notes (IMTNs) programme of up to RM3.0 billion and Islamic …

MARC assigns “Gold” impact assessment to SME Bank’s proposed Sustainability Sukuk Framework Read More »

Posted Date: May 10, 2021 Malaysian Rating Corporation Berhad (MARC) and OCBC Bank (Malaysia) Berhad (OCBC Bank) today announced the closing of an externally reviewed multi-tranche Green Term Loan Facility (Facility) for MFP Solar Sdn Bhd (MFP Solar). The agreement facilitates the establishment of a RM100 million Facility between OCBC Bank and MFP Solar which …

OCBC Bank and MFP Solar conclude agreement for Green Term Loan rated Gold by MARC, setting a new milestone for domestic sustainable financing market Read More »

Posted Date: March 24, 2021 MARC has assigned a “Gold” Sustainability Sukuk Assessment to Agroto Business (M) Sdn Bhd’s (Agroto) ASEAN Sustainability Sustainable and Responsible Investment (SRI) Sukuk Programme Framework (Framework). The assessment is driven by our expectation that the net proceeds of the sukuk to be issued will be directed towards qualifying capital expenditures …

MARC assigns “Gold” Impact Assessment to Agroto’s proposed ASEAN Sustainability SRI Sukuk Programme Framework Read More »

Posted Date: 31 December 2020 MARC has assigned a “Gold” Nonprofit Impact Assessment to Majlis Kanser Nasional (MAKNA). This assessment considers MAKNA’s mission coherence, social and economic impact, its governance and ethics practices, as well as its commitment to accountability and transparency. MARC’s assessment also includes an evaluation of the nonprofit’s fiscal responsibility and its …

MARC assigns “Gold” Nonprofit Impact Assessment to Majlis Kanser Nasional Read More »

Posted Date: December 18, 2020 MARC has assigned a “Gold” Green SRI Sukuk Assessment to UiTM Solar Power Dua Sdn Bhd’s (UiTM Solar 2) Green SRI Sukuk Framework (the Framework). UiTM Solar 2 is a fully owned Special Purpose Vehicle (SPV) of UiTM Energy & Facilities Sdn Bhd (UEFSB) which, in turn, is a wholly …

“Gold” Impact Assessment assigned to UiTM Solar Power Dua Sdn Bhd’s proposed Green SRI Sukuk Read More »

Posted Date: October 21, 2020 MARC has assigned a “Gold” Sustainability Sukuk Assessment to Sime Darby Property Berhad’s (SDProp) Sustainability Sukuk Framework (the Framework). The Framework sets out the guidelines for SDProp’s ASEAN Sustainability SRI Sukuk Musharakah issuances under its RM4,500 million Sukuk Musharakah Programme. MARC has determined that the Framework aligns to the core …

“Gold” Impact Assessment assigned to Sime Darby Property Berhad’s proposed ASEAN Sustainability SRI Sukuk Musharakah Read More »