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Business

MARC maintains AAA ratings on Antara Steel Mill's RM300m Sukuk

Malaysian Rating Corporation Bhd is maintaining its AAAIS(fg) on Antara Steel Mill Sdn Bhd's RM300mil Sukuk Mudharabah programme with a stable outlook.

Business

MARC affirms ratings on MRCB Sentral's RM400m debt notes

Malaysian Rating Corporation (MARC) has affirmed its ratings on Malaysian Resources Corporation Bhd unit MRCB Properties Sdn Bhd's outstanding RM400mil debt notes at MARC-1(fg)/AAA(fg) with a stable outlook.

Business

Danajamin, RHB Bank co-guarantee Boustead unit's RM628m bonds

Danajamin Nasional Bhd and RHB Bank Bhd are co-guaranteeing RM628mil bonds issued by Boustead Holdings Bhd's unit Mecuro Properties Sdn Bhd.

Business

Duo guarantee Nurs sukuk

KUALA LUMPUR: Danajamin Nasional Bhd, Malaysias financial guarantee insurer, has formed a collaboration with Maybank Islamic Bhd to co-guarantee Nur Power Sdn Bhds RM650mil 15-year sukuk mudharabah facility (Islamic bond).

Business

Developing deep, vibrant financial markets

THE Malaysian financial markets continued to support the effective and efficient intermediation of funds for economic activity, while further

Community

Former bank staff reminisce good old days

SOME 200 former employees of Standard Chartered Bank Malaysia Berhad gathered recently to reminisce their good old days working at the bank.

Business

MARC affirms Danajamin rating

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has affirmed its i>AAA /i>insurer financial strength rating on Danajamin Nasional Bhd (Danajamin) with a stable outlook.

Business

Danajamin, banks to guarantee Silver Sparrow RM515m notes

KUALA LUMPUR: Danajamin Nasional Bhd is partnering Malayan Banking Bhd (Maybank) and OCBC Bank (M) Bhd to guarantee Silver Sparrow Bhd's RM515mil 10-year medium-term notes.

Business

CGC appoints Abdul Hamidy as chairman

KUALA LUMPUR: Credit Guarantee Corporation Malaysia Bhd (CGC) today announced the appointment of Datuk Seri Abdul Hamidy Abdul Hafiz as its new Chairman effective Nov 22, 2011.

Business

Danajamin to broaden its scope

FINANCIAL guarantee institution Danajamin Nasional Bhd is looking at the potential in providing guarantees for asset-backed securities, including the securitisation of loans and real estate.