Rating Action Johannesburg, 12 December 2019 – GCR Ratings (“GCR”) has downgraded the long and short term national scale Issuer ratings accorded to Jasco Electronics Holdings Limited (“Jasco” or “the group”) to CCC(ZA) and C(ZA) from BB-(ZA) and B(ZA), respectively, with a Negative Watch. Rated Entity / Issue Rating class Rating scale Rating Outlook /...
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