RAM ratings reaffirms UniTapah’s AA1 stable rating / News Team UiTM Perak

UiTM Perak, News Team (2020) RAM ratings reaffirms UniTapah’s AA1 stable rating / News Team UiTM Perak. UiTM News Hub. (In Press)

Official URL: https://news.uitm.edu.my/

Abstract

RAM Ratings has reaff irmed the AA1/Stable rating of UniTapah Sdn Bhd’s (the Company) SukukMurabahah of up to RM600 mil (2014/2035). This is premised on the Company’s strong and predictablecashflow debt-service coverage, supported by prompt receipts of monthly Availability Charges (ACs) fromUniversity Teknologi MARA (UiTM). The rating is further supported by UniTapah’s good maintenance trackrecord and low counterparty risk.

Item Details

Item Type:	Article
Creators:	Creators Email / ID Num. UiTM Perak, News Team UNSPECIFIED
Subjects:	L Education > LB Theory and practice of education > Higher Education L Education > LG Individual institutions > Asia > Malaysia > Universiti Teknologi MARA > Perak
Divisions:	Universiti Teknologi MARA, Perak
Journal or Publication Title:	UiTM News Hub
Related URLs:	https://news.uitm.edu.my/ram-ratings-rea...
Keywords:	UiTM News Hub; RAM ratings; reaffirms; UniTapah’s; AA1 stable rating
Date:	August 2020
URI:	https://ir.uitm.edu.my/id/eprint/85381

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