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KLSE News: 30 Mar 2015 – Fitch Ratings has revised the Outlook on Malaysia-based conglomerate Sime Darby Berhad’s (Sime Darby) Long-Term Foreign and Local Currency Issuer Default Ratings…

Fitch Ratings has revised the Outlook on Malaysia-based conglomerate Sime Darby Berhad’s (Sime Darby) Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) to Negative from Stable. The IDRs and the company’s senior unsecured rating are affirmed at ‘A’. Fitch has also affirmed the rating on the company’s USD1.50bn sukuk issue at ‘A’. The revision […]

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KLSE News: 27 Mar 2015 – The Naza Group, which is jointly bidding for the role of project delivery partner (PDP) for the development of the RM9bn light rail transit line…

The Naza Group, which is jointly bidding for the role of project delivery partner (PDP) for the development of the RM9bn light rail transit line three (LRT 3) with China-based CSR Zhuzhou Electric Locomotive Co Ltd, has proposed to finance up to 90% of the project. “The bid by Naza-CSR for the LRT3 project will […]

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