Corporates

Cement & Construction

Name Date Rating Type Long Term Short Term Outlook Action
Askari Cement Limited 1/7/2020 Entity A A-1 Negative Maintained
Attock Cement Pakistan Limited 10/24/2019 Entity A+ A-1 Stable Reaffirmed
Deokjae Connecting Roads (Pvt.) Limited 3/12/2020 Entity A+ A-1 Stable Reaffirmed
Elite Estates (Private) Limited 6/25/2020 BLR BBB+ Upgrade
International Complex Projects Limited 3/13/2020 Entity AA A-1 Stable Initial
Izhar Construction (Pvt.) Limited 12/31/2019 Entity A- A-1 Stable Initial
Javedan Corporation Ltd. 8/27/2019 Entity A+ A-1 Stable Reaffirmed
Javedan Corporation Ltd. 8/27/2019 Sukuk 1 AA- Stable Final
Lahore Sialkot Motorway Infrastructure Management (Pvt.) Ltd 3/11/2019 Entity A- A-2 Stable Initial
Lucky Cement Limited 2/19/2020 Entity AA+ A-1+ Stable Initial
Maple Leaf Cement Factory Ltd 4/2/2020 Entity A A-1 Stable Initial
Park View Enclave (Pvt.) Limited 10/23/2019 Entity A A-2 Stable Initial
Park View Enclave (Pvt.) Limited 10/23/2019 Sukuk/TFC AA- Stable Preliminary
Power Cement Ltd 10/25/2019 Entity A- A-2 Negative Maintained
Power Cement Ltd 10/25/2019 BLR A (blr) Negative Maintained
Shajar Roads Limited 9/25/2019 Entity A A-2 Rating Watch - Developing Maintained
Superhighway Construction Operation and Rehabilitation Engineering (Pvt.) Limited 10/30/2019 Entity AA- A-1 Stable Reaffirmed
Swat Expressway Planning Construction and Operations (Pvt) Limited 6/30/2020 Entity A- A-2 Stable Reaffirmed
Vision Builders (Pvt.) Limited 1/10/2020 Entity BBB A-2 Stable Initial
Vision Developers Pvt. Ltd 12/17/2019 Entity A- A-2 Stable Initial