Lahore, January 13, 2015 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained long term and short term entity ratings of Pak-Arab Refinery Limited (PARCO) at “AAA”(Triple A) and “A1+” (A One Plus) respectively. The ratings denote the lowest expectation of credit risk emanating from an exceptionally strong capacity for timely payment of financial commitments. ...

Islamabad, January 13, 2015 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) is vigorously pursuing its vision of enforcing corporate securities’ laws, accountability of holding companies and their auditors to create a compliant corporate culture. Through enforcement actions the SECP has reassured the investors that as an independent and robust regulator, it will provide ...

Karachi, January 13, 2015 (PPI-OT): Liquidity management operations of SBP aim to achieve monetary policy objectives of price stability so as to provide a facilitating environment for economic growth. In particular, the intermediate goal is to contain the overall monetary expansion (M2 growth) within safe limits; consistent with price stability objective. This is ensured by ...

Karachi, January 13, 2015 (PPI-OT): Synopsis Ambitious capacity enhancement and improving operating environment brings Kohinoor Textile Mills Limited (KTML) to the limelight. Moving forward, operations are expected to be complimented by certain factors, such as 1) Improving exports 2) Suppressed cotton prices 3) Reduced power tariffs, 4) Lower DR. In light of these aspects, KTML ...

Lahore, January 13, 2015 (PPI-OT): Punjab Board of Investment and Trade with relation to its trade promotion efforts recently facilitated the meeting of the Levis Straus and Co delegation with the Chief Minister of Punjab, Mian Muhammad Shahbaz Sharif. The delegation was highly pleased by the role of PBIT in facilitating their meeting and conveyed ...

Karachi, chashma Sugar Mills Limited informed Karachi Stock Exchange about the annual general meeting of the company scheduled to be held on January 31, 2015 at the registered office of the company. The agenda of the meeting will be confirming the min...

Karachi, The Premiere Sugar Mills and Distillery Company Limited informed Karachi Stock Exchange about the annual general meeting of the company scheduled to be held on January 31, 2015. The agenda of the meeting will be confirming the minutes of extraordinary general meeting held on March 31, 2014, consideration of the audited financial statement of the company for the year ended September 30, 2014 and appointing and fixing the remuneration of the auditors. Further, the closed period of the company is from January 21, 2015 to January 31, 2015 both days inclusive. Premier Insurance Limited was incorporated in Pakistan in May, 1952 as a public limited company. The operations of the business are related to general insurance. The registered office of the business is located in Karachi. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The products of the company includes property insurance, motor insurance, miscellaneous insurance, marine insurance, engineering insurance, shop owners insurance, group health insurance and specialized insurance. The symbol “PINL” is being used by the stock exchanges for the shares of Premier Insurance Limited.