Muhammad Noor Ul Haq
PACRA Withdraws Entity Ratings of Aggrio Pakistan (Pvt.) Limited
Subsequent to the management's decision to discontinue the entity ratings of Aggrio Pakistan (Pvt.) Limited, PACRA withdraws the entity ratings of Aggrio Pakistan (Pvt.) Limited with immediate effect.
Aggrio Pakistan (Pvt.) Limited was incorporated in 2016 as a result of privatization. The current shareholding constitutes; Mr. Hamid Raza and Mr. Husnain Raza each with 50%. Aggrio Pakistan, as a private company is being run by sponsors. The partners are actively involved in the management as well. Mr. Muhammad Hamid Raza is the CEO of the company. He possesses fine business acumen spanning over two decades.