MARC Ratings affirms Orkim's AA-IS rating with a revised outlook


KUALA LUMPUR: MARC Ratings has affirmed its AA-IS rating on Orkim Bhd’s Islamic medium-term notes (IMTN) programme of up to RM1 billion and revised the outlook to positive from stable.

This outlook revision reflects confidence in the company’s solid fundamentals, its leadership position in marine transportation, specifically, in the domestic clean petroleum product (CPP) transportation market, and the company’s growth trajectory, Orkim said in a statement today.

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Orkim , PNB , MARC Ratings , IMTN , Marine transportation

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