In a statement, MARC said Sime Darby Property’s well-established position as a township developer and its strong sales track record in domestic property development remain key rating drivers.
KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has affirmed its AA+IS rating with a “stable” outlook on Sime Darby Property Bhd
’s Islamic medium-term notes programme of RM4.5bil under the syariah principle of Musharakah.
In a statement, MARC said Sime Darby Property’s well-established position as a township developer and its strong sales track record in domestic property development remain key rating drivers.
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