QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(Third Quarter, 2018)
01 July 2018 to 30 September 2018
| SL | Name of company | Type of company | Rating Date | Long Term Rating | Expiry Date | Short Term Rating |
| 1 | Aamra Networks LImited | Corporate | 1-Jul-18 | A+ | 30-Jun-19 | ST-2 |
| 2 | Seagull Spa Village & Golf | Corporate | 1-Jul-18 | BBB+ | 30-Jun-19 | ST-3 |
| 3 | M/S Akota Corportation | Corporate | 2-Jul-18 | BBB | 1-Jul-19 | ST-3 |
| 4 | S. Alam Vegetable Oil Limited | Corporate | 3-Jul-18 | A | 2-Jul-19 | ST-3 |
| 5 | JMI Industrial Gas Ltd. Unit 1 & 2 | Corporate | 4-Jul-18 | A | 3-Jul-19 | ST-2 |
| 6 | M/S Bismillah Enterprise | Corporate | 5-Jul-18 | BBB+ | 4-Jul-19 | ST-3 |
| 7 | Prottoy Unnayan Sangstha | NGO | 7-Jul-18 | BBB | 6-Jul-19 | ST-3 |
| 8 | M/S Auto Rice Mills & M/S MS Auto Rice Mills Unit-2 | Corporate | 10-Jul-18 | BBB | 9-Jul-19 | ST-3 |
| 9 | Palli Unnoyon Parishad | Corporate | 10-Jul-18 | BBB | 9-Jul-19 | ST-3 |
| 10 | M/S Masum Trading | Corporate | 11-Jul-18 | BBB | 10-Jul-19 | ST-3 |
| 11 | Bangladesh House International | Corporate | 11-Jul-18 | BBB+ | 10-Jul-19 | ST-3 |
| 12 | Mahmud Denims Limited | Corporate | 11-Jul-18 | AA | 10-Jun-19 | ST-1 |
| 13 | Mahmud Jeans Ltd. | Corporate | 11-Jul-18 | A | 10-Jun-19 | ST-2 |
| 14 | Mahmud Washing Plant Limited | Corporate | 11-Jul-18 | BBB+ | 10-Jun-19 | ST-3 |
| 15 | Thermax Check Fabrics Limited | Corporate | 12-Jul-18 | BBB+ | 11-Jul-19 | ST-3 |
| 16 | Fareast Stocks & Bonds Limited | Securities | 12-Jul-18 | BBB- | 11-Jul-19 | ST-4 |
| 17 | Wazed Spinning Mills Ltd. (Printing Unit) | Project Finance | 15-Jul-18 | BBB+ | 14-Jul-19 | ST-3 |
| 18 | Golden Harvest Ice Cream Limited | Corporate | 16-Jul-18 | A | 15-Jul-19 | ST-2 |
| 19 | Oasis Hi-Tech Sportswear Ltd. | Corporate | 16-Jul-18 | BBB- | 15-Jul-19 | ST-3 |
| 20 | Edruc Limited | Corporate | 17-Jul-18 | A- | 16-Jul-19 | ST-3 |
| 21 | Bhulua Island Amusement Ltd. | Corporate | 17-Jul-18 | BBB+ | 16-Jul-19 | ST-3 |
| 22 | Mohubor Rahman Particle Mills (Pvt.) Limited | Corporate | 17-Jul-18 | A- | 16-Jul-19 | ST-3 |
| 23 | Thermax Yarn Dyed Fabrics Limited | Corporate | 18-Jul-18 | BBB+ | 17-Jul-19 | ST-3 |
| 24 | M/S Oishi Construction & M/S Sharif Bastraloy | Corporate | 19-Jul-18 | BBB- | 18-Jul-19 | ST-4 |
| 25 | M/S Mahmud Trding Corporation | Corporate | 19-Jul-18 | BBB+ | 18-Jul-19 | ST-3 |
| 26 | Mahmud Indigo limited | Corporate | 19-Jul-18 | A+ | 18-Jul-19 | ST-2 |
| 27 | A.Kader & Sons Himagar Limited | Corporate | 23-Jul-18 | BBB | 22-Jul-19 | ST-3 |
| 28 | Omega Distribution Limited | Corporate | 23-Jul-18 | BBB+ | 22-Jul-19 | ST-3 |
| 29 | Mars Apparels Ltd | Corporate | 23-Jul-18 | BBB+ | 22-Jul-19 | ST-3 |
| 30 | AWR Real Estate Limited | Corporate | 29-Jul-18 | A- | 28-Jul-19 | ST-2 |
| 31 | AWR Development (BD) Limited | Corporate | 29-Jul-18 | A+ | 28-Jul-19 | ST-2 |
| 32 | Eque Paper mills Ltd. | Corporate | 29-Jul-18 | BBB+ | 28-Jul-19 | ST-3 |
| 33 | South East Bank Bond | Bond | 29-Jul-18 | AA- | 28-Jul-19 | N/A |
| 34 | Wintex Garments Ltd. | Corporate | 30-Jul-18 | BBB+ | 29-Jul-19 | ST-3 |
| 35 | Evergreen Packagaing & Aceessories | Corporate | 30-Jul-18 | BBB | 29-Jul-19 | ST-3 |
| 36 | Agrani Agro Complex | Corporate | 31-Jul-18 | BBB | 30-Jul-19 | ST-3 |
| 37 | Mahmud Sazid Cotton Mills Ltd. | Corporate | 6-Aug-18 | A | 5-Aug-19 | ST-3 |
| 38 | Rupshi Fish Feed Ltd. | Corporate | 6-Aug-18 | BBB | 5-Aug-19 | ST-3 |
| 39 | Ambition Way ( Pvt) Ltd. | Corporate | 8-Aug-18 | BBB | 7-Aug-19 | ST-3 |
| 40 | Sofia Cotton Mills Ltd. | Corporate | 9-Aug-18 | A | 8-Aug-19 | ST-3 |
| 41 | Unicorn Freight Service Ltd. | Corporate | 11-Aug-18 | A- | 10-Aug-19 | ST-3 |
| 42 | Omega Exim Limited. | Corporate | 11-Aug-18 | BBB | 10-Aug-19 | ST-3 |
| 43 | Genex Infosys Limited | Corporate | 12-Aug-18 | A+ | 11-Aug-19 | ST-2 |
| 44 | Nabil Feed Mills Ltd. | Corporate | 12-Aug-18 | BBB+ | 11-Aug-19 | ST-3 |
| 45 | MKB Corporation | Corporate | 13-Aug-18 | BBB | 12-Aug-19 | ST-3 |
| 46 | D.N Textile Mills Ltd. | Corporate | 13-Aug-18 | BBB- | 12-Aug-19 | ST-3 |
| 47 | Existance Trade Agency | Corporate | 13-Aug-18 | A- | 12-Aug-19 | ST-3 |
| 48 | Rihan Textile Mills | Corporate | 14-Aug-18 | A- | 13-Aug-19 | ST-3 |
| 49 | Jamuna Spinning Mills Ltd. | Corporate | 14-Aug-18 | BBB+ | 13-Aug-19 | ST-3 |
| 50 | Colour & Co Ltd. | Corporate | 16-Aug-18 | A- | 15-Aug-19 | ST-3 |
| 51 | Shah Mukhndam Garment Ltd. | Corporate | 16-Aug-18 | BBB | 15-Aug-19 | ST-3 |
| 52 | Janata Oil Mills | Corporate | 16-Aug-18 | BBB | 15-Aug-19 | ST-3 |
| 53 | Universal Refinery Pvt. Ltd | Corporate | 16-Aug-18 | BBB | 15-Aug-19 | ST-3 |
| 54 | Super Synthetics Ltds. | Corporate | 16-Aug-18 | A | 15-Aug-19 | ST-3 |
| 55 | Progress Constraction Ltd. | Corporate | 18-Aug-18 | BBB | 17-Aug-19 | ST-3 |
| 56 | Ranu Agro Industries Ltd. | Corporate | 18-Aug-18 | BBB+ | 17-Aug-19 | ST-3 |
| 57 | Karnaphuli Insurance Co. Ltd | N/B insurance | 19-Aug-18 | AA- | 18-Aug-19 | ST-2 |
| 58 | M/S Nabil Cold Storage | Corporate | 19-Aug-18 | BBB | 18-Aug-19 | ST-3 |
| 59 | Progress Motors Ltd. | Corporate | 19-Aug-18 | BBB | 18-Aug-19 | ST-3 |
| 60 | Progress Impex Ltd. | Corporate | 19-Aug-18 | BBB+ | 18-Aug-19 | ST-3 |
| 61 | Alif Rasa Corporation Ltd. | Corporate | 19-Aug-18 | BBB+ | 18-Aug-19 | ST-3 |
| 62 | Rakeen Development Company (BD) Limited | Corporate | 19-Aug-18 | A- | 18-Aug-19 | |
| 63 | Provita Hatcheries Ltd. | Corporate | 25-Aug-18 | A | 24-Aug-19 | ST-2 |
| 64 | M/S Fashion Ltd. | Corporate | 26-Aug-18 | BBB | 25-Aug-19 | ST-3 |
| 65 | Provita Breeders Ltd. | Corporate | 26-Aug-18 | A | 25-Aug-19 | ST-2 |
| 66 | Greenland Pharmaceuticals Ltd. | Corporate | 27-Aug-18 | BBB | 26-Aug-19 | ST-3 |
| 67 | Allwells Marketing Limited | Corporate | 27-Aug-18 | BBB | 26-Aug-19 | ST-3 |
| 68 | Creatus Computer Ltd. | Corporate | 28-Aug-18 | BBB | 27-Aug-19 | St-3 |
| 69 | Thai Plastic Industry | Corporate | 28-Aug-18 | A- | 27-Aug-19 | ST-3 |
| 70 | SIF Textiles Industries Ltd. | Corporate | 28-Aug-18 | BBB | 27-Aug-19 | ST-3 |
| 71 | M/S Gofur Brothers | Corporate | 30-Aug-18 | BBB | 29-Aug-19 | ST-3 |
| 72 | Sodical Chemicals Ltd. | Corporate | 3-Sep-18 | BBB+ | 2-Sep-19 | ST-3 |
| 73 | M/S Comill Tannery Ltd. | Corporate | 3-Sep-18 | BBB | 2-Sep-19 | ST-3 |
| 74 | Netrokona Accessories Limited | Corporate | 3-Sep-18 | BBB | 2-Sep-19 | ST-3 |
| 75 | Famous Plus Industries Inc. Ltd. | Corporate | 3-Sep-18 | BBB- | 2-Sep-19 | ST-4 |
| 76 | Bhuyan Warmtex (PVT.) Limited | Corporate | 4-Sep-18 | BBB | 3-Sep-19 | ST-3 |
| 77 | Yassma Knittinh & deying Limited | Corporate | 6-Sep-18 | BBB- | 5-Sep-19 | ST-4 |
| 78 | Ornate Vertical Blind Ltd. | Corporate | 9-Sep-18 | BBB- | 8-Sep-19 | ST-3 |
| 79 | Sharif Pharmacitical Ltd. | Corporate | 9-Sep-18 | A | 8-Sep-19 | ST-3 |
| 80 | Ainun Trade House Ltd. | Corporate | 11-Sep-18 | BBB- | 10-Sep-19 | ST-4 |
| 81 | Zakia Cotton Tex Ltd. | Corporate | 11-Sep-18 | BBB- | 10-Sep-19 | ST-4 |
| 82 | Nikita Apperals Ltd. | Corporate | 11-Sep-18 | BBB | 10-Sep-19 | ST-3 |
| 83 | First Finance Limited | NBFI | 12-Sep-18 | BBB | 11-Sep-19 | ST-3 |
| 84 | M/S Vision Meditech | Corporate | 13-Sep-18 | A- | 12-Sep-19 | ST-3 |
| 85 | Dapha Feeds & Agro Products Limited | Corporate | 13-Sep-18 | BBB+ | 12-Sep-19 | ST-3 |
| 86 | Metco Dairy Firm Ltd | Corporate | 13-Sep-18 | BBB | 12-Sep-19 | ST-3 |
| 87 | Fortune Fashion Ltd. | Corporate | 16-Sep-18 | BBB | 15-Sep-19 | ST-3 |
| 88 | 02 Elevetor Co Ltd. | Corporate | 16-Sep-18 | BBB+ | 15-Sep-19 | ST-3 |
| 89 | Fay Max Sweater Composite Ltd. | Corporate | 17-Sep-18 | BBB- | 16-Sep-19 | ST-4 |
| 90 | Siam Shikkha & Shastha Unnayan Foundation | NGO | 17-Sep-18 | BBB | 16-Sep-19 | ST-3 |
| 91 | Alauddin Textite Mills Pvt. Ltd | Corporate | 17-Sep-18 | BB+ | 16-Sep-19 | ST-4 |
| 92 | Mahmud Fabrics & Finishing Ltd. | Corporate | 17-Sep-18 | A | 16-Sep-19 | ST-3 |
| 93 | M/S Nurul Islam & Brothers | Corporate | 19-Sep-18 | A- | 18-Sep-19 | ST-3 |
| 94 | Jaroms Insuries Ltd. | Corporate | 19-Sep-18 | BB+ | 18-Sep-19 | ST-5 |
| 95 | Jamuna Electronics & Automobiles | Corporate | 20-Sep-18 | A- | 19-Sep-19 | ST-3 |
| 96 | M/S Nabir Traders | Corporate | 20-Sep-18 | BBB+ | 19-Sep-19 | ST-3 |
| 97 | Hotel Don International Ltd. | project Finance | 23-Sep-18 | BBB | 22-Sep-19 | ST-3 |
| 98 | Banga Plastic International Limited | Corporate | 23-Sep-18 | A- | 22-Sep-19 | ST-3 |
| 99 | Saima Ship Recycling Industry | Corporate | 23-Sep-18 | BBB- | 22-Sep-19 | ST-3 |
| 100 | Hera Sweaters Limited | Corporate | 25-Sep-18 | BBB | 24-Sep-19 | ST-3 |
| 101 | South Delta Shipping & trading | Corporate | 25-Sep-18 | BBB- | 24-Sep-19 | ST-3 |
| 102 | M/S Mayerdoya Auto Rice Mill Limited | Corporate | 25-Sep-18 | BBB- | 24-Sep-19 | ST-3 |
| 103 | Niloy usmaan motor Industries Ltd | Corporate | 25-Sep-18 | A | 24-Sep-19 | ST-2 |
| 104 | Seaxtex Dyeing & Printing Limited | Corporate | 25-Sep-18 | BBB | 24-Sep-19 | ST-3 |
| 105 | Holodia Mohila Unnayan Sanagstha | NGO | 26-Sep-18 | BBB | 25-Sep-19 | ST-3 |
| 106 | Project Builders Ltd. | Corporate | 26-Sep-18 | BBB | 25-Sep-19 | ST-5 |
| 107 | M/S B.S Syndicate | Corporate | 27-Sep-18 | BBB+ | 26-Sep-19 | ST-3 |
| 108 | Building Constraction Ltd. | Corporate | 27-Sep-18 | BBB | 26-Sep-19 | ST-3 |
| 109 | Gimex Clothing Ltd. | Corporate | 27-Sep-18 | A- | 26-Sep-19 | ST-3 |
| 110 | Virgo Tobacco Ltd. | Corporate | 29-Sep-18 | A- | 28-Sep-19 | ST-3 |
| 111 | Vingo MH Limited | Corporate | 30-Sep-18 | A- | 29-Sep-19 | ST-3 |