MALAYSIAN Rating Corporation Bhd (MARC) has reaffirmed the rating of MARC1ID/AAAID assigned to Malaysia International Shipping Corporation Bhd's (MISC) RM1.5bil Murabahah Commercial Paper/Medium Term Notes Programme (2000/2005).
It said in a statement that the rating affirmation reflected MISC's solid operating fundamentals, in particular the liquefied natural gas (LNG) shipping segment that provided the company with a stable and recurrent income to withstand a more challenging market environment in respect of its liner and dry bulk segments.
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