Press Release

VIS Withdraws Entity Ratings of Automobile Corporation of Pakistan (Pvt.) Ltd.

Karachi, June 01, 2023: VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings assigned to Automobile Corporation of Pakistan (Pvt) Limited, with immediate effect, on account of non-renewal of rating contract. The previous rating action was announced on July 07, 2022.

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

Sara Ahmed
Director

VIS Entity Rating Criteria: Corporates (May 2023)
https://docs.vis.com.pk/docs/CorporateMethodology.pdf
https://docs.vis.com.pk/docs/ratingscale.pdf

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