KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has affirmed its AA+IS rating with a stable outlook on Sime Darby Property Bhd
’s (SD Property) Islamic medium-term notes programme of RM4.5bil under the Shariah principle of Musharakah.
In a statement, MARC said SD Property’s well-established position as a township developer and its strong sales track record in domestic property development remain key rating drivers.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
