The rating agency said that TG Excellence is a special-purpose unit of Top Glove which MARC has concurrently assigned a corporate credit rating of AA. The ratings carry a “stable” outlook.

“The rating on Tranche 1 reflects the credit strength of an unconditional and irrevocable guarantee provided by Maybank Islamic Bhd (MIB), which carries a MARC rating of AAA/stable. Tranche 2 ...

UEM Edgenta’s Sukuk Programme Receives AAIS Rating Upgrade, Reflecting Financial Strength and Strategic Progress ...