Karachi, October 3, 2012 (PPI-OT): Enclosed please find a copy of the Notice of the Annual General Meeting of JS Value Fund Limited (JSVFL) to be hold 12:30 p.m. on Tuesday, October 23, 2012 at Carlton Hotel Karachi. DC-5, Opp. Zulfiqar Street No-1, D.H.A Phase VIII, Karachi for circulation amongst …

Lahore, October 03, 2012 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has downgraded the entity rating of Trust Investment Bank Limited (TIBL) to “D” [Previous ratings: C]. The rating of the secured and listed TFC issue (TFC III – PKR 600 mln) has also been downgraded to “D” [Previous: …

Karachi, October 03, 2012 (PPI-OT): Standard Chartered Bank today announced the launch of the industry’s first Islamic Euro Nostro[1] Account. Islamic banks across the world will now be able to earn Shariah-compliant profits on their account balances at Standard Chartered Bank Germany Branch in Frankfurt. Bank Alfalah Limited, one of …

Lahore, October 03, 2012 (PPI-OT): Second session of Campus Outreach Program is held today for the students of MBA and M.Phil from Forman Christian College by Lahore Stock Exchange where LSE’s officials interacted with the students. Managing Director and Chief Executive Officer of the Lahore Stock Exchange Mr. Aftab Ahmed …

Multan, October 03, 2012 (PPI-OT): Dera Ghazi Khan: Ufone continuing with its tradition of being there for Pakistanis needing help, recently distributed a consignment of relief items worth hundreds of thousands of rupees in the flood hit areas of Dera Ghazi Khan and Rajanpur. The purpose of the activity was …

Karachi, October 03, 2012 (PPI-OT): Pak-Arab Refinery Limited (PARCO) has acquired SHV Energy Pakistan (Private) Limited w.e.f October 1, 2012. SHV Energy Pakistan (Private) Limited was previously a 100% owned subsidiary of SHV Calor Asia B.V. (Netherlands) and is one of the largest LPG marketing and distribution companies in Pakistan. …

Karachi, October 03, 2012 (PPI-OT): Ufone has become the first Pakistani cellular company to cater to the needs of ambitious iPhone 5 enthusiasts, the much awaited iPhone 5 is expected to take over the smartphone scene in Pakistan in the near future. Following its tradition of introducing innovative technologies for …