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Karachi, June 20, 2012 (PPI-OT): Further to our Notice No. KSE/N-2989 dated June 19, 2012. In view of announcement of the dates of book closure for Final Principal Redemption and payment of Profit on First Issue of Term Finance Certificates (TFCs) of Bank AL Habib Limited, trading in the TFCs …
Read More »Daily Archives: June 20, 2012
Engro Corporation Limited’s issue of gas curtailment and load shedding
Karachi, June 20, 2012 (PPI-OT): We refer to our last letter to the Stock Exchanges dated June 18, 2012 (copy attached). As you know the gas curtailment and load shedding is an on-going issue in Pakistan and affecting many different industries. Consequently, we feel there is no benefit in constantly …
Read More »Pakistan Credit Rating Agency upgrades ratings of Jehangir Siddiqui Investment Bank
Lahore, June 20, 2012 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has upgraded the long-term entity rating of JS Bank Limited (JSBL) to “A+” (Single A Plus) [Previous: A], while maintaining the short-term entity rating at “A1” (A One). These ratings denote a low expectation of credit risk while the …
Read More »Pakistan Telecommunication Company Limited’s appointment of director
Karachi, June 20, 2012 (PPI-OT): We have to inform you that Mr. Kamran Au has been appointed as Director with effect from 6th June, 2012 in place of Dr. Syed Ismail Shah. Change of Director We have to inform you that Dr. Syed Ismail Shah has ceased to be the …
Read More »Atlas Asset Management Limited’s meeting of the investment committee as authorized by the board of directors and announcement of closed period
Karachi, June 20, 2012 (PPI-OT): This is to inform you that that a meeting of the Investment Committee of Atlas Asset Management Limited (AAML), the Management Company of Atlas Money Market Fund (AMF), Atlas Income Fund (AIF), and Atlas Islamic Income Fund (AIIF), under the authority delegated to them by …
Read More »Pakistan Credit Rating Agency maintains Entity and TFC Ratings of Jahangir Siddiqui and Company Limited
Lahore, June 20, 2012 (PPI-OT): PACRA has maintained the long-term and short-term entity ratings of the company at “AA” (Double A) and “A1+” (A One Plus), respectively. Meanwhile, the rating of the 6th TFC issue of PKR1,250mln has also been maintained at “AA” (Double A). These ratings denote a very …
Read More »Lahore University of Management Sciences sings deal with IT firm
Lahore, June 20, 2012 (PPI-OT): The Lahore University of Management Sciences (LUMS) signed a contract with SAP – one of the largest enterprise software companies in the world – and their local partners, Excellence Delivered, on July 15, 2012. The deal has been sealed to improve the procedures of Finance, …
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