Press Release
VIS Withdraws Management Quality Rating of AWT Investments Limited
Karachi, June 15, 2021: VIS Credit Rating Company Ltd. (VIS) has withdrawn the Management Quality Rating of ‘AM3+’ (AM Three Plus) assigned to AWT Investments Limited (AWTIL), with immediate effect on account of management’s decision to discontinue the rating. The previous rating action was announced on January 1, 2021.
For further information on this rating announcement, please contact the undersigned (Ext: 301) or Mr. Narendar Shankar Lal (Ext: 203) at 021-35311861-70 or fax to 021-35311873 or info@vis.com.pk.
Faryal Ahmad Faheem
Deputy CEO
Applicable Rating Criteria: Asset Management Companies (June 2019)
https://s3-us-west-2.amazonaws.com/backupsqlvis/docs/AMC-Methodology-201906.pdf
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