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KARACHI: JCR VIS Credit Rating Company Limited has suspended the entity ratings of double B/A-three assigned to RFJ Equity (Pvt) Limited with immediate effect.

The previous rating action was announced on March 7, 2017, says press release here on Thursday.

The suspension of the rating is on account of regulatory action whereby operation of the company have been ceased. The company has appealed against the regulatory decision. Ratings will be re-assigned upon outcome of the appeal.

 

 

Copyright APP (Associated Press of Pakistan), 2017
 

 

 

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