MARC downgrades Englotech
by admin on Mar.30, 2009, under Where is Ze Moola?
MARC downgrades Englotech RM50m debt notes Written by Joe ChinFriday, 27 March 2009 20:33KUALA LUMPUR: Malaysian Rating Corporation Bhd has downgraded Englotechs Holding Bhd’s RM50.0 million Murabahah Medium Term Note Programme (MMTN) rating to DID from BBID.MARC said on March 27 the rating action was based on the cotton glove manufacturer’s failure to meet its profit payment of RM1.7 mil……
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