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MARC Ratings has elevated the credit standing of Sunway Group’s debt instruments following improved liquidity and earnings diversification.

The banking group has strengthened its Tier 2 capital position following the successful completion of a significant Sukuk Murabahah issuance.

The property developer has launched a significant sukuk programme to finance new data centre and logistics assets.

The Bank Negara Malaysia governor highlights robust market appetite for the nation’s latest sukuk issuance.
