Karachi, December 27, 2022 (PPI-OT):VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘A/A-2’ (Single A/A-Two) with ‘Rating Watch-Developing’ Status assigned to Waves Corporation Limited (formerly Waves Singer Pakistan Limited), with immediate effect, on account of the management’s decision to discontinue the ratings. Previous rating action was announced on January 13, 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/