MARC Affirms its AAA rating on Segi Astana Sdn Bhd

15 December 2014 MARC has affirmed its rating of AAA(fg) on special purpose vehicle Segi Astana Sdn Bhd's (Segi Astana) RM470.0 million Medium-Term Notes (MTN) programme with a stable outlook. The rating reflects the credit strength of the unconditional and irrevocable financial guarantee provided by Danajamin Nasional Berhad which carries MARC's financial strength rating of AAA/Stable. Segi Astana's sole … Continue reading MARC Affirms its AAA rating on Segi Astana Sdn Bhd

Independent Audit Committee will only probe security of klia2

13 December 2014 The Independent Audit Committee (IAC) will only investigate the security of Kuala Lumpur International Airport 2 (klia2), said Datuk Seri Liow Tiong Lai. The Transport Minister denied the IAC was “not independent” and a “waste of resources” as claimed by Public Accounts Committee (PAC) chairman Datuk Nur Jazlan Mohamed. “The IAC is … Continue reading Independent Audit Committee will only probe security of klia2

PAC chairman urges klia2 safety regulations to be investigated

13 December 2014 Public Audit Committee (PAC) chairman Datuk Nur Jazlan Mohamed is urging the special audit committee set by the Transport Ministery to not only investigate the klia2 safety regulations procedure but to also take into account carrying a full investigation on the airport overall designs and development planning.  Nur Jazlan said PAC had … Continue reading PAC chairman urges klia2 safety regulations to be investigated