VIS Withdraws Entity Ratings of Akram Cotton Mills Limited

Karachi, July 05, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BBB/A-2’ (Triple B/A-Two) assigned to Akram Cotton Mills Limited, with immediate effect, due to non-renewal of contract. Previous rating action was announced on June 17, 2022.

For more information, contact:

Director Compliance and Rating Analytics,

VIS Credit Rating Company Limited

VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad,

Phase VII, DHA, Karachi, Pakistan

Tel: +92-21-35311861-72

Fax: +92-21-35311873

Email: bilal@jcrvis.com.pk

Website: https://www.vis.com.pk/

The post VIS Withdraws Entity Ratings of Akram Cotton Mills Limited appeared first on Pakistan Business News.

Check Also

DPM Emphasizes FDI-Led Economic Growth Strategy

Islamabad: Deputy Prime Minister Ishaq Dar has emphasized the government's policy to invite Foreign Direct Investment in Pakistan, which is undertaken to promote economic and commercial activities in the country. He was chairing a meeting of the Cabin...