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Lahore, January 09, 2013 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of Pakistan Income Enhancement Fund (PIEF), an open-end aggressive income fund, at ‘A+ (f)’ (Single A Plus ; fund rating). The fund’s rating denotes a strong capacity to manage relative stability in returns and …
Read More »Daily Archives: January 9, 2013
Pakistan Credit Rating Agency maintains stability rating of MCB Islamic Income Fund
Lahore, January 09, 2013 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of MCB Islamic Income Fund (MCB-IIF), an open-end Shariah compliant income fund at ‘AA- (f)’ (Double A Minus ; fund rating). The fund’s rating denotes very strong capacity to manage relative stability in returns …
Read More »Pakistan Credit Rating Agency maintains stability rating of MCB Dynamic Cash Fund
Lahore, January 09, 2013 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of MCB Dynamic Cash Fund (DCF), an open-end income fund, at ‘A+ (f)’ (Single A Plus ; fund rating). The fund’s rating denotes a strong capacity to manage relative stability in returns and low …
Read More »Pakistan Credit Rating Agency maintains stability rating of Metro Bank-Pakistan Sovereign Fund
Lahore, January 09, 2013 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained stability rating of Metro Bank-Pakistan Sovereign Fund (MSF), an open-end income fund at ‘AA (f)’ (Double A ; fund rating). The fund’s rating denotes a very strong capacity to manage relative stability in returns and very low …
Read More »First Dawood Investment Bank Limited’s board meeting
Karachi, January 09, 2013 (PPI-OT): We have to inform you that the Board of Directors of First Dawood Investment Bank Limited (FDIBL) in their meeting held on Wednesday January 09, 2013 at 10:30 a.m. at 1900-B, Saima Trade Towers, I.I. Chundrigar Road, Karachi recommended the following. 1) Price Sensitive Information …
Read More »Golden Arrow Selected Stocks Fund Limited’s board meeting
Karachi, January 09, 2013 (PPI-OT): The meeting of the Board of Directors of the Golden Arrow Selected Stocks Fund Limited (GASF) took place today, Wednesday, January 09, 2013 at 12:00 p.m. at the registered office of the Company, 216-217 Continental Trade Centre, Block 8, Clifton, Karachi. In the Board meeting, …
Read More »Nishat Mills Limited’s board meeting
Karachi, January 09, 2013 (PPI-OT): This is to inform you that the Board of Directors of Nishat Mills Limited (NML) (“the Company”) in their meeting held on January 09, 2013 have approved the divestment of up to 15% of its shareholding in Lalpir Power Limited (“Lalpir Power”) as part of …
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