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Tag: Malaysian Rating Corporation Berhad (MARC)

Moody’s acquires stake in Islamic rating agency, strengthening presence in key ASEAN market

Posted on August 12, 2020

NEW YORK: Moody’s Corporation has acquired a minority stake in Malaysian Rating Corporation Berhad (MARC), a credit rating agency serving the Malaysian domestic bond and sukuk markets, a news release said. The investment strengthens Moody’s presence in Southeast Asia and across domestic bond markets globally, and advances its position as a leader in Islamic finance….

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