Analyst
Farhan Haidar
Farhan.Haider@pacra.com
+92-42-35869504
www.pacra.com
Applicable Criteria
Related Research
PACRA Withdraws the Entity Ratings of Hassan Ali Rice Export Company
Rating Type | Entity | |
Current (11-Oct-24 ) |
Previous (13-Oct-23 ) |
|
Action | Withdraw | Maintain |
Long Term | - | BBB+ |
Short Term | - | A2 |
Outlook | Stable | |
Rating Watch | - | - |
Subsequent to the management's decision to discontinue the entity ratings of Hassan Ali Rice Export Company, PACRA withdraws the entity ratings of Hassan Ali Rice Export Company with immediate effect.
.
About
the Entity
Hassan Ali Rice Export Company is a sole proprietorship established on 15-Jun-94. The Business is engaged in the processing and trading of rice. Hassan Ali is one of the largest exporters of rice in the domestic landscape. Hassan Ali is one of the founding members of the Rice Export Association (REAP). Mr. Abdullah Akbar Ali Hashwani heads the business’s operations along with his team.