Symphony Life’s standalone credit profile weakens on lack of new projects


KUALA LUMPUR: Mid-sized property developer Symphony Life Bhd’s standalone credit profile has weakened partly due to a decrease in property projects undertaken recently, says Malaysian Rating Corp (MARC). 

The rating agency said on Wednesday Symphony Life has fairly diverse property projects mainly in Kedah and the Klang Valley. However, it did not have any launches between January 2013 and June 2014.

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