PETALING JAYA: Malaysia Rating Corporation Bhd (MARC) has revised DRB-Hicom Bhd's sukuk rating on its RM1.8bil Islamic Medium Term Notes (IMTN) programme from stable to negative.
The outlook recognises the potential weakening of DRB-Hicom's near-to-intermediate term financial profile, caused by its debt-funded acquisition of Proton Holdings Bhd.
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