JCR-VIS places Management Quality Rating of KASB Funds Limited under ‘Rating Watch’

Karachi, May 29, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has placed the Management Quality Rating of ‘AM3’ (AM-Three) assigned to KASB Funds Limited (KFL), under ‘Rating Watch Developing’ status on account of change in shareholding of the company. Developments in this regard will be tracked by JCR-VIS. The previous rating action was announced on December 19, 2013.

For more information, contact:
Ms. Sobia Maqbool
CFA
JCR-VIS Credit Rating Company Limited
VIS House, 128/C,
25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: sobia@jcrvis.com.pk