Posted Date: May 28, 2021

To our clients and other stakeholders,

In response to the movement control order, and in support of the government's efforts to curtail the alarming spread of COVID-19 and to ensure the safety of our staff, MARC will operate remotely from Monday, May 31, 2021. Prior to this latest development, we had already restricted work-related travel as well as in-person meetings and have started hosting meetings virtually to protect our employees, clients and communities. It is business as usual for us as we have activated our business continuity management to ensure all business-critical functions continue to operate as per normal.

Our work on our rating engagements will continue without interruption. MARC is operating offsite, supported by a robust infrastructure for remote work. We have taken the necessary precautionary steps per Ministry of Health guidelines and will continue to work and meet as planned through video conference platforms. Your point of contact at MARC will keep in contact with you and we encourage you to reach out to us with any concerns. MARC will also continue to provide economic research throughout this period.

We will continue to monitor the situation and adapt our policies and procedures as necessary to minimise impact on our operations. We are grateful for the relationships we have with all of our stakeholders and employees and look forward to supporting each other during this unprecedented challenging time.

For enquiries, please contact the following:
Ratings: Rajan Paramesran at +6012 207 3597;
Economics: Firdaos Rosli at +6012 359 1012;
Business: Ahmad Feizal Sulaiman Khan at +6012 282 3678; Jack Yap Ngee Heong at +6017 667 8832

Thank you.

Datuk Jamaludin Nasir
Group Chief Executive Officer
Malaysian Rating Corporation Berhad