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VIS Withdraws Entity Ratings of Mega Conglomerate (Private) Limited

Karachi, June 14, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘AA-/A-1’ (Double A Minus/A-One) assigned to Mega Conglomerate (Private) Limited (MCPL) with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on July 10, 2018.

For more information, contact:
Director Compliance and Rating Analytics,
VIS Credit Rating Company Limited
VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi, Pakistan
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: bilal@jcrvis.com.pk
Website: https://www.vis.com.pk/