MARC affirms George Kent's debt ratings on strong balance sheet
Photo: New Straits Times
KUALA LUMPUR: MARC Ratings has affirmed George Kent (Malaysia) Bhd's Islamic commercial papers at MARC-1IS and its Islamic medium-term notes (IMTN) Programme at A+IS/Stable.
From the original report
The rating agency cited George Kent's strong financial position, long-established water metering business and healthy liquidity.
MARC said George Kent redeemed RM132 million of outstanding IMTN in March 2026 using internally generated funds before issuing RM80 million under the existing programme.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at New Straits Times
New Straits Times
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About this story
- Source
- New Straits Times
- Originally published
- Aug 3, 2026
- Updated here
- Aug 15, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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