BFM Podcast

Assessing Petronas' Credit Downgrade

Tan KW
Publish date: Fri, 29 Jul 2016, 07:12 PM

Chris Eng, Head of Research, Etiqa Insurance and Takaful

29-Jul-16 13:35

 

Petronas recently had its credit ratings downgraded by Fitch Ratings. Lower dividends are also expected at RM16 billion in 2016, down from the RM26 billion paid to the government in 2015. Chris Eng of Etiqa Insurance & Takaful weighs in on the rating adjustment and outlook for the automotive sector.

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