Karachi, September 08, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘BBB/A-3’ (Triple B/A-Three) assigned to Frontier Ceramics Limited, with immediate effect on account of pending information for rating analysis. Ratings will be reassessed as and when the required information becomes available. Previous rating action was announced on August 19, 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: [email protected]

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