Arkib Harian: September 6, 2023

RAM Ratings upgrades UEM’s sukuk to AA 1/Stable

RAM Ratings upgrades UEMs sukuk to AA 1Stable

KUALA LUMPUR: RAM Ratings has upgraded UEM Group Bhd’s RM2.2 billion Islamic Medium-Term Notes (IMTN) Programme (2012/2042) from AA 2/Stable to AA 1/Stable, issued through funding vehicle United Growth Bhd. It has also assigned an AA 1 (s)/Stable rating to the proposed IMTN programme of up to RM7.0 billion under …

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Paramount aims to launch RM1bil properties by next year

Paramount aims to launch RM1bil properties by next year

KUALA LUMPUR: Paramount Corporation Bhd aims to launch properties worth RM1 billion by next year as sales momentum continues to be strong for the property industry. Group chief executive officer and director Jeffrey Chew Sun Teong said the company is optimistic about achieving the sales target given its robust performance …

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