Celcom Networks’ Top Sukuk Rating Holds as Margin and Funding Risks Persist
The RM5 billion Celcom Networks sukuk programme retains its AAAIS/Stable rating, with parent support balanced against margin and funding risks.
Trusted Insights. Asian Perspective.
The RM5 billion Celcom Networks sukuk programme retains its AAAIS/Stable rating, with parent support balanced against margin and funding risks.
SkyeChip’s agentic-AI and memory-design opportunity may expand, but investors face a long interval between capability building and verifiable earnings.
EcoWorld has passed RM5 billion in FY2026 sales after a RM1.01 billion data-centre land agreement, with investors now weighing the quality and timing of earnings.
Northern Solar’s awarded LSS5 work supports projected earnings growth, but a much larger CRESS solar-and-storage opportunity has not been secured.
SunCon’s RM10.5 billion order book and RM6.9 billion of new wins support growth, while investors weigh data-centre concentration and execution risk.
The FBM KLCI rose 0.07% at 9.15am as selected utilities and renewable-energy shares advanced against a cautious global backdrop.
Inta Bina’s Klang construction award adds RM221.08 million to its pipeline, but value will emerge through execution and cash collection.
Infomina has won a tax-inclusive RM62.65 million technology refresh and maintenance contract from an unnamed Malaysian financial institution through June 2032.
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