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MARC Ratings upgrades Sunway Group’s ratings on stronger balance sheet

KUALA LUMPUR: MARC Ratings has upgraded the ratings on several Sunway Group debt programmes, citing a stronger balance sheet following the listing of Sunway Healthcare Holdings Bhd (SHH) and continued improvement in earnings.

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MARC评级机构上调双威集团评级,理由是其资产负债表更加强劲

KUALA LUMPUR: MARC Ratings has upgraded the ratings on several Sunway Group debt programmes, citing a stronger balance sheet following the listing of Sunway Healthcare Holdings Bhd (SHH) and continued improvement in earnings.

The rating agency, in a statement, upgraded Sunway Treasury Sukuk Sdn Bhd’s RM3bil Islamic Commercial Papers/Islamic Medium-Term Notes Programme to MARC-1IS(cg)/AAIS(cg) from MARC-1IS(cg)/AA-IS(cg).

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MARC Ratings upgrades Sunway Group’s ratings on stronger balance sheet

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