VIS Suspends Entity Ratings of Eastern Spinning Mills Limited - Press Release issued by VIS Credit Rating Company Limited.

Karachi -- January 12, 2023 (PPI-OT)

Following is the text of press release issued by VIS Credit Rating Company Limited


VIS Credit Rating Company Limited (VIS) has suspended the entity ratings assigned to Eastern Spinning Mills Limited (ESML), with immediate effect, due to non-availability of required information for ratings analysis. The ratings will be reassessed as and when required information is available. The previous rating action was announced on December 30, 2021.

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