Moody’s Corporation has bought a minority stake in Malaysian Rating Corporation Bhd in its effort to advances its position as a leader in Islamic finance. – AFP file pic, August 12, 2020.
MOODY’S Corporation has acquired a minority stake in Malaysian Rating Corporation Bhd , a credit rating agency serving the domestic bond and local sukuk markets. The investment complements Moody’s existing cross-border ratings and research coverage in Malaysia as well as its market outreach activities, including its annual Inside Asean conference and Islamic Finance Briefing here.
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