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Islamabad: The Government of Japan has decided to extend financial support of US$ 88,175 (approx. Rs 7.4 million) to the Learning Awareness and Motivation Programme (LAMP) for Construction of Primary School in Raziq Kalay, Khyber Agency, Federally Administered Tribal Areas (FATA). The agreement for the project was signed on Thursday, …
Read More »Monthly Archives: September 2011
Hubco Board of Directors Announce Final Dividend
Karachi: Hubco is pleased to announce that at the meeting of its Board of Directors held in Karachi, have recommended a Final Dividend of Rs.3/- per share i.e. 30% for the year ended June 30, 2011. Today’s announcement is in addition to Rs.2.50 per share i.e. 25% interim dividend paid …
Read More »JCR-VIS reaffirms Rating of the Rs. 1.385b Sukuk issued by Quetta Textile Mills Limited
Karachi: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the rating assigned to the Rs 1.385 billion Sukuk of Quetta Textile Mills Limited (QTML) at ‘BBB+’ (Triple B Plus). Outlook on the rating is ‘Stable’. Rating takes into account the improved results posted by QTML in FY11 despite high cotton …
Read More »NTT Com to Expand Cloud-based Traffic Analysis System for DDoS Attacks to Overseas, Strengthen PoP in Tokyo
AsiaNet 46211 TOKYO, Sep. 7 /Kyodo JBN-AsiaNet/ — NTT Communications Corporation (NTT Com) announced on September 7 that it will enhance its Global IP Network Service by introducing cloud-based traffic analysis for distributed denial-of-service (DDoS) in Australia, France, Germany, Hong Kong, Malaysia, Singapore, South Korea, Taiwan, the Netherlands and the …
Read More »Pakistan Credit Rating Agency Limited Assigns Entity Ratings to Descon Oxychem Limited
Lahore: PACRA has assigned a long term entity rating of “A” (Single A) and short term rating of “A2” (A Two) to DOL. These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments. The ratings recognize the company’s leading position …
Read More »The Karachi Stock Exchange (Guarantee) Limited’s change of R/TA
Karachi: This is with reference to your received on September 06, 2011 on the captioned subject. In this regard, we are pleased to inform you that your R/TA has been changed w.e.f. September 07, 2011 for your ordinary shares in CDS. The new record appears as follows: Old …
Read More »The Karachi Stock Exchange (Guarantee) Limited’s the express tribune news Item ‘KAPCO Profit Soars’; September 07, 2011
Karachi: We write with reference to the news item titled ‘KAPCO profit soars’ appearing on page 11 of the Express Tribune on even-data (September 7, 2011). Some factual incorrections in the said news item require our response as follows: “An incorrect impression has been given in the news item that …
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