–مالی سودا فوسن کے لیے امریکی پی اینڈ سی مارکیٹ میں بڑے پیمانے پر موجودگی قائم کرنا ممکن بنائے گا ہانگ کانگ اور ساؤتھ فیلڈ، مشی گن، 31 دسمبر 2014ء/ پی آرنیوزوائر/ ایشیانیٹ باکستان — فوسن انٹرنیشنل لمیٹڈ (ایچ کے ای ایکس اسٹاک کوڈ: 00656، مع اپنے ماتحت ادارے، “فوسن”) اور میڈوبروک انشورنس گروپ انکارپوریٹڈ […]
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Fosun to Acquire Meadowbrook Insurance Group, Inc.
– Transaction Enables Fosun to Establish Significant Presence in the U.S. P&C Market HONG KONG and SOUTHFIELD, Michigan, Dec. 31, 2014 / PRNewswire / Asianet-Pakistan – Fosun International Limited (HKEx stock code: 00656, together with its subsidiaries, “Fosun”) and Meadowbrook Insurance Group, Inc. (NYSE: MIG) (“Meadowbrook”), today announced that they have entered into a definitive agreement […]
Read More »Lahore Chamber of Commerce and Industry welcomes another cut in petroleum prices and says that it would help bring down cost of doing business in Pakistan
Lahore, December 31, 2014 (PPI-OT): The Lahore Chamber of Commerce and Industry Wednesday welcomed another cut in petroleum prices and said that it would help bring down cost of doing business in Pakistan. In a press statement issued here Monday, LCCI President Ijaz A. Mumtaz said that repeated cuts in petroleum prices shows present regime’s ...
Read More »JCR-VIS upgrades Management Quality Rating of United Bank Ltd Fund Managers Limited to AM2+
Karachi, December 31, 2014 (PPI-OT): JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) has upgraded the Management Quality (MQ) Rating of UBL Fund Managers Limited (UBL FM) from ‘AM2’ (AM-Two) to ‘AM2+’ (AM-Two Plus). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on April 3, 2013. The rating upgrade takes into account ...
Read More »JCR-VIS reaffirms Management Quality Rating of Allied Bank Ltd Asset Management Company Limited
Karachi, December 31, 2014 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the Management Quality Rating of ABL Asset Management Company Limited (ABL AMC) at ‘AM2’ (AM-Two) with a ‘Stable’ Outlook. The previous rating action was announced on June 21, 2013. ABL AMC is a wholly owned subsidiary of Allied Bank Limited (ABL). The ...
Read More »Management Quality Rating of ‘AM3-‘ assigned to Pak-Oman Asset Management Company Limited
Karachi, December 31, 2014 (PPI-OT): The Management Quality Rating of ‘AM3-’ (AM-Three Minus) assigned to Pak-Oman Asset Management Company Limited (POAMCL), by JCR-VIS Credit Rating Company Limited (JCR-VIS), continues to be placed under ‘Rating Watch Developing’ status in view of the on-going merger process of the company with KASB Funds Limited. Progress in this regard ...
Read More »Islamabad Stock Exchange Closing Rate of Power Generation and Distribution Dated 31-12-2014
Islamabad, December 31, 2014 (PPI-OT): Company Name Symbol Code Opening Closing Volume Change POWER GENERATION AND Engro Powergen Qadirpur EPQL 40.76 41.15 0 0.39 Genertech Pak GENP 0.87 0.87 0 0.00 Hub Power Co. HUBC 78.71 78.36 0 -0.35 K-Electric Ltd KEL 9.15 9.22 0 0.07 Kohinoor Energy KOHE 49.40 49.35 0 -0.05 Kot Addu ...
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