Press Release

VIS Withdraws Broker Management Rating of Foundation Securities (Private) Limited

Karachi, June 20, 2023: VIS Credit Rating Company Ltd. (VIS) has withdrawn Broker Management Rating assigned to Foundation Securities (Private) Limited (FSPL) with immediate effect due to management’s decision to discontinue rating. Previous rating action was announced on July 7, 2022.


For further information on this rating announcement, please contact Ms. Syeda Batool Zehra Zaidi (Ext: 210) or the undersigned (Ext: 207) at (021) 35311861-66 or email at info@vis.com.pk





Muhammad Bilal Aftab
Director

Applicable Rating Criteria: Broker Management Ratings 2020:
https://docs.vis.com.pk/docs/BMR202007.pdf

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