VIS Withdraws Entity Ratings of Avanceon Limited

Karachi, October 21, 2020 (PPI-OT):VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings assigned to Avanceon Limited (AL), with immediate effect, on account of non-renewal of rating contract. The previous rating action was announced on September 30, 2019.

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/