Press Release

VIS Withdraws Entity Ratings of Master Motor Corporation (Private) Limited
 

Karachi, January 21, 2021: VIS Credit Rating Company (VIS) has withdrawn the entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to Master Motor Corporation (Private) Limited (MMCL), with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on May 21, 2020.

For further information on this rating announcement, please contact Mr. Narendar Shankar Lal (Ext: 203) 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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