Thursday 06, December 2012 by Robin AmlĂ´t

MARC upgrades Sunrise's MYR 400 million IMTN programme

MARC has upgraded the rating on property developer Sunrise Berhad's MYR  400 million Islamic Medium Term Notes (IMTN) Programme to AA-ID from A+ID. The rating outlook is stable. The rating action affects the outstanding MYR  200 million IMTNs under the rated programme.