KUALA LUMPUR: Malaysian Rating Corporation (MARC) has assigned a stable outlook for Serba Dinamik Bhd’s RM1.5bil Islamic debt papers due to the latter’s sizeable operations and maintenance (O&M) order book and also it established track record.
In a statement on Tuesday, MARC said it had assigned ratings of MARC-1IS/A+IS to RM500mil multi-currency Islamic commercial papers programme and RM1.5bil Islamic medium-term notes programme with a combined limit of RM1.5bil.
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