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Karachi: VIS Credit Rating Company Limited (VIS) has announced the withdrawal of entity ratings for CDC Share Registrar Services Limited, effective immediately. This decision follows the company’s choice to cease its ratings, as indicated in a recent release.
According to a statement by VIS Credit Rating Company Limited, the withdrawal comes after the management of CDC Share Registrar Services Limited decided to discontinue the ratings. The previous rating action had been communicated on December 12, 2023.
The press release did not provide further details on the reasons behind the company’s decision to discontinue its ratings. No additional comments were made by CDC Share Registrar Services Limited regarding the change.
The post VIS Withdraws Ratings for CDC Share Registrar Services Limited appeared first on Pakistan Business News.