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Moody's affirms Sime Darby Plantation's Baa1 ratings

KUALA LUMPUR: Moody's Investors Service has affirmed the Baa1 issuer rating of Sime Darby Plantation Bhd (SDP) as it expects the company to maintain its credit profile by reducing its debts from its asset sales.

Moody’s affirms IOI Corp’s ratings, maintains stable outlook

KUALA LUMPUR: Moody's Investors Service has affirmed the ratings of cash-rich IOI Corporation Bhd and maintained the stable outlook due to its strong liquidity profile with a large cash balance of RM2.3bil as of March 31, 2019.