The MARC Group of Companies comprises MARC Ratings, MARC Solutions, MARC Data and MARC Learning.
MARC's subsidiaries each provide distinct product offerings and services.
Find the vital information you need and stay up to date with the latest news from MARC.
MARC organises a diverse range of events throughout the year to engage with all stakeholders.
Let's get the conversation started - Get in touch with us!
MARC Ratings has affirmed its AAAIS /MARC-1IS ratings on Gas Malaysia Distribution Sdn Bhd’s (GMD) Islamic Medium-Term Notes (IMTN)/ Islamic Commercial Papers (ICP) Programmes with a combined limit of up to RM1.0 billion. The rating outlook is stable. As at end-June 2026, the amounts outstanding under the IMTN/ICP programmes stood at RM530.0 million and RM210.0 […]
MARC Ratings affirms Gas Malaysia’s AAAIS/MARC-1IS ratings Read More »
MARC Ratings has revised the rating outlook on JB Cocoa Sdn Bhd’s RM500.0 million Islamic Medium-Term Notes (Sukuk Wakalah) Programme to positive from stable. The rating on the Sukuk Wakalah programme has been affirmed at A+IS. JB Cocoa is a key wholly-owned manufacturing subsidiary of Singapore-based JB Foods Limited. The parent company has provided a
MARC Ratings revises JB Cocoa’s outlook to positive Read More »
MARC Ratings has assigned a preliminary rating of AIS/Stable to Winstar Capital Berhad’s (Winstar) proposed Islamic Medium-Term Notes (IMTN) Programme of up to RM300.0 million. The rating reflects Winstar’s established track record of over two decades in aluminium extrusion, supported by ongoing product diversification, and a broad customer base that supports revenue growth. These strengths
MARC Ratings assigns preliminary rating of AIS to Winstar’s proposed IMTN Programme Read More »
MARC Ratings has affirmed the People’s Republic of China’s (China) sovereign rating at AAA with a stable outlook based on the rating agency’s national rating scale. This is an unsolicited rating based on public information. The AAA rating reflects China’s large, diversified, and internationally competitive economy, strong external position, and advanced policy execution capacity. China
MARC Ratings affirms China’s sovereign rating at AAA Read More »
MARC Ratings has placed its AA-IS rating on Zetrix AI Berhad’s Islamic Medium-Term Notes (IMTN) Programme of up to RM2.0 billion on MARCWatch Developing. The rating is placed on MARCWatch Developing amid concerns over a substantial reduction in shareholding of founder Wong Thean Soon (TS Wong) in Zetrix AI to 12.1% (direct: 6.5%; indirect: 5.6%)
MARC Ratings places Zetrix AI’s rating on MARCWatch Developing Read More »
MARC Ratings has affirmed the state of Selangor’s sub-sovereign credit rating at AAA with a stable outlook. This is an unsolicited rating based on public information. The rating reflects the state’s excellent economic scale within Malaysia, diversified economic structure, low debt burden, healthy financial reserves and favourable socioeconomic profile. Selangor remains Malaysia’s largest state economy,
MARC Ratings affirms sub-sovereign rating of AAA on Selangor Read More »
MARC Ratings has assigned a final rating of AA+IS with a stable outlook to TH Properties Sdn Bhd’s Islamic Medium-Term Notes (IMTN) Programme. The IMTN Programme, together with a proposed Islamic Commercial Papers Programme, will have a combined aggregate limit of up to RM750 million. The rating agency has reviewed the final documentation for the
MARC Ratings assigns final rating of AA+IS to TH Properties’ IMTN Programme Read More »
MARC Ratings has affirmed its rating of AA-IS on Guan Chong Berhad’s (GCB) RM800.0 million Sukuk Wakalah Programme. The rating outlook remains stable. The rating affirmation reflects GCB’s established market position as the world’s fourth-largest cocoa grinder, supported by its geographically diversified customer base and longstanding relationships with major multinational confectionery companies. The group serves
MARC Ratings affirms AA-IS rating on Guan Chong’s RM800.0 million sukuk programme Read More »
MARC Ratings has assigned a rating of AA-IS to Mah Sing Group Berhad’s Islamic Medium-Term Notes (IMTN) Programme (Sukuk Murabahah Programme) of up to RM2.0 billion in nominal value with a stable outlook. The Sukuk Murabahah Programme was previously unrated. As at end-August 2026, RM1.15 billion was outstanding under the programme, which remains unrated. The
MARC Ratings has upgraded China Construction Bank (Malaysia) Berhad’s (CCBM) long-term financial institution (FI) rating to AAA from AA+ with a stable outlook, and affirmed its short-term FI rating at MARC-1. CCBM’s long-term FI rating of AAA has been equalised with the AAA FI rating of its parent, China Construction Bank Corporation (CCB), based on
MARC Ratings upgrades China Construction Bank (Malaysia)’s long-term rating to AAA Read More »