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KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its ratings on Gas Malaysia Bhd’s unit Gas Malaysia Distribution Sdn Bhd’s (GMD) debt notes of up to RM1b while the outlook is stable. ....
MGS yield curve steepened on lockdown due to infections surge thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Menara Citibank has an NLA of 734,533 sq ft. and recorded an occupancy level of 81.2% as at end-2020 (end-2019: 86.0%). KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed the AAA rating of Menara Citibank owner Inverfin Sdn Bhd’s Tranche A notes while the outlook of the rating has been revised to negative from stable. It said on Thursday the Tranche A notes are under the maximum limit of RM160mil of its medium-term notes (MTN) programme. MARC explained the affirmed rating reflects the acceptable loan-to-value (LTV) ratio of 41.9% for the Tranche A notes that remains within the benchmark MARC applies for the rating band. ....
VAT Manufacturing solar PV installation. KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) and MFP Solar Sdn Bhd have concluded an agreement for the setting up of a RM100mil facility to finance the development of multiple rooftop solar photovoltaic plants. The Malaysian Rating Corporation (MARC) had earlier performed a green loan assessment on the loan facility and assigned it a gold assessment. In a joint statement issued by OCBC Bank and MARC on Monday, they had closed the externally reviewed multi-tranche green term loan facility for MFP Solar. Each tranche of the Facility will be a standalone term loan that will exclusively finance the project cost of an eligible rooftop solar photovoltaic plant. ....
Economists explain why investors prefer other Asean countries freemalaysiatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freemalaysiatoday.com Daily Mail and Mail on Sunday newspapers.