| From Bernama: Malaysian Rating Corporation Bhd (MARC) has affirmed its AAAIS and AA+IS ratings on Tradewinds Plantation Capital Sdn Bhd's asset-backed RM180 million Class A and RM30 million Class B Sukuk Ijarah respectively, with a stable outlook.
The affirmed ratings of the Class A and Class B Sukuk Ijarah reflects the satisfactory performance of the securitised plantation assets and higher-than-projected net operating income (NOI), the rating agency said in a statement here Thursday.......................................Full Article: Source
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