Profile image
Story Views

Last Hour:
Last 24 Hours:

MARC says leverage position of companies trending down

Monday, March 6, 2017 6:18
% of readers think this story is Fact. Add your two cents.

Kuala Lumpur: Malaysian Rating Corporation Bhd (MARC) said that it noticed the growth in debt of companies under its universe trending down and this may reflect a more resilient economy on the local front.

“The pace of growth in borrowings has come down. Historically in 2013 it was growing at double digits and now it is at 5%. So the pace of growth has tapered down,” its chief rating officer Rajan Paramesran said at a press conference in KL today.

He said this also bodes well for overall credit profiles of the companies involved.

Some of these companies he said, had also taken active measures to strengthen their balance sheets including through: asset monetization, asset sales, equity divestments, corporate restructuring and rights issuance.

We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.