FLASHNEWS:

VIS Suspends Entity Ratings of Chakwal Textile Mills Limited

Karachi, August 10, 2021 (PPI-OT):VIS Credit Rating Company Ltd. (VIS) has suspended the entity ratings of ‘BBB-/A-2’ (Triple B minus /Single A-Two) assigned to Chakwal Textile Mills Limited (DTML) with immediate effect, due to non-payment of the rating fee for the current period. The ratings will be reassessed as and when the matter is resolved. The previous rating action was announced on April 02, 2021.

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/