Thursday 29, January 2015 by Matthew AmlĂ´t

MARC affirms AA-IS rating on Cerah Sama Sdn Bhd's MYR 420.0 million Sukuk

MARC has affirmed its rating of AA-IS on Cerah Sama Sdn Bhd’s (Cerah Sama) MYR 420.0 million sukuk issued under the MYR 750.0 million Sukuk Musharakah Programme with a stable outlook. Cerah Sama is the investment holding company of Grand Saga Sdn Bhd (Grand Saga), the concessionaire of the 11.5-kilometre Cheras-Kajang Highway. Cerah Sama is also an investment vehicle for potential brownfield toll assets in Malaysia and overseas.

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more