Press Release

VIS Suspends Entity Ratings of Mannan Shahid Forgings Limited
 

Karachi, June 30, 2020: VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘A-/A-2’ (Single A-Minus/A-Two) assigned to Mannan Shahid Forgings Limited, with immediate effect, due to non-availability of current information for ratings analysis. The ratings will be reassessed as and when the required information is available. The previous rating action was announced on April 18, 2019.

For further information on this rating announcement, please contact Syed Fahim Haider at 042-35723411-13 (Ext: 8006) or the undersigned at 021-35311861-70 (Ext. 201) or mailto:info@vis.com.pk






Faryal Ahmad Faheem
Deputy CEO

Applicable rating criterion: Corporates (May 2019)
https://www.vis.com.pk/kc-meth.aspx

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