KUALA LUMPUR: The Malaysian Rating Corp Bhd (MARC) has affirmed its AAA (ID)/MARC-1 (ID) and AAA (IS) ratings on Putrajaya Holdings Sdn Bhd’s (PJH) RM8.97bil Islamic debt facilities and programmes.
“The outlook for the ratings is stable. The ratings incorporate PJH’s very strong financial profile, characterised by stable and predictable rental income from the buildings constructed for the Malaysian Government under a build-lease-transfer concession,” MARC said in a statement yesterday.
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