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Daily Archives: December 23, 2015

Huawei Nexus 6P- Super Phablet, Super Design and Super Features

Lahore, December 23, 2015 (PPI-OT): Recently, Huawei has announced the official launch of Nexus 6P in Pakistan. Huawei has built this killer smart phone in collaboration with Google and it has been loaded with Pure Android Marshmallow v6.0. The physical design, operating system, interface, camera, battery life, built-in apps in fact each and everything integrated ...

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JCR-VIS reaffirms Insurer Financial Strength rating of United Bank Limited Insurers Limited

Karachi, December 23, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of UBL Insurers Limited (UIL) at ‘A+’ (Single A Plus). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on November 13, 2014. The rating derives strength from the institutional backing of ...

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JCR-VIS reaffirms Corporate Governance Rating of Pakistan Kuwait Investment Company (Private) Limited

Karachi, December 23, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited has reaffirmed the Corporate Governance Rating of Pakistan Kuwait Investment Company (Private) Limited (PKIC) at ‘CGR-9’. The previous rating action was announced on December 26, 2014. The assigned rating takes into account the governance practices instituted at the organization in context of the Joint Venture ...

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Competition Commission of Pakistan imposes penalties over Rs 26 billion in 8 years to ensure free competition in economy: Member

Sargodha, December 23, 2015 (PPI-OT): The Competition Commission of Pakistan (CCP) has imposed total penalties of over 26 billion rupees on different undertakings for various violations of the Competition Law since 2007, aimed to protect consumers from anti-competitive practices and restore and ensure free competition in the country’s economy. This was stated by CCP Member ...

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Board meeting of Sakrand Sugar Mills Limited

Karachi: Suraj Cotton Mills Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled to be held on January 02, 2016 at Karachi. The agenda of the meeting is to consider the annual accounts for the year ended September 30, 2015. Further, the closed period of the company shall be from December 23, 2015 to January 02, 2016. Sakrand Sugar Mills Limited is a company incorporated in Pakistan as a Public Limited Company on March 2, 1989. The foundations of the company are laid under the Companies Ordinance, 1984. The principal business activity of the company includes manufacture and sale of sugar. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The mill is located at Deh Tharo Unar, District Shaheed Benazir Abad, Sindh, Pakistan. The sugar plant has a crushing capacity of 6,500 metric tons of sugarcane per day. The registered office of the company is located in Karachi. The symbol “SKRS” is being used by the stock exchanges for the shares of Sakrand Sugar Mills Limited.

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