Press Release

VIS Credit Rating Company Suspends Entity Ratings of Allied Industries Hub (Pvt.) Limited

Karachi, September 02, 2020: VIS Credit Rating Company has suspended the entity ratings of ‘BBB/A-2’ (Triple B/A-Two) assigned to Allied Industries Hub (Pvt.) Limited (AIHPL), 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 June 28, 2019.

For further information on this rating announcement, please contact Mr. Madeeh Ahmed (Ext: 204) or the undersigned (Ext. 306) at 021-35311861-70 or email at info@vis.com.pk.




Faryal Ahmad Faheem
Deputy CEO

Applicable Rating Criteria: Industrial Corporates (April 2019)
https://s3-us-west-2.amazonaws.com/backupsqlvis/docs/Corporate-Methodology-201904.pdf

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