M’sian Rating Corporation offers rating assistance to S’wak companies entering financial markets

3 months ago 20

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By DayakDaily Team

KUCHING, Aug 9: The Malaysian Rating Corporation Bhd (MARC) has committed to assist companies and agencies in Sarawak planning to enter the financial markets, particularly in the rating process, to ensure that bonds issued receive good ratings and attract investor interest.

MARC chief executive officer Arshad Mohammed Ismail conveyed this during a courtesy call on the Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg at Wisma Bapa Malaysia yesterday (Aug 8).

According to a news report by the Sarawak Public Communications Unit (Ukas), the purpose of the courtesy visit was to reaffirm the organisation’s commitment to economic development in Sarawak and to discuss previous initiatives undertaken in the region.

“We are collaborating with several companies and agencies in Sarawak that have plans to enter the financial market,” Arshad said when speaking to reporters.

Earlier, Abang Johari also received courtesy visits from the Malaysian Institute of Planners and PricewaterhouseCoopers (PwC) Malaysia Holdings Sdn Bhd.

Both courtesy visits aimed to establish closer cooperation with Sarawak in efforts to achieve sustainable and inclusive development. — DayakDaily

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