Lahore, December 30, 2015 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the long-term and short-term entity ratings of Chiniot Power Limited (CPL) to “A” (Single A) [Previous: A-] and “A1” (A One) [Previous: A2], respectively. These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment ...

Karachi, December 30, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of K-Electric Limited (KE) at ‘AA/A-1’ (Double A/A-One). JCR-VIS has also reaffirmed the rating assigned to outstanding Sukuk 2 (Rs. 3.75b) and Sukuk 3 (Rs. 1.5b) at ‘AA’ (Double A) while rating of Sukuk 4 (Rs. 22b) has also been ...

Karachi, December 30, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has maintained the Management Quality Rating of AKD Investment Management Limited (AKD-IML) at ‘AM3’ (AM-Three). Outlook on the assigned rating has been revised from ‘Stable’ to ‘Positive’. The previous rating action was announced on April 10, 2015. The assigned rating to AKD-IML incorporates the ...

Karachi, December 30, 2015 (PPI-OT): JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has assigned initial entity ratings of ‘BB/A-3’ (Double B/A-Three) to Adam Securities Private Limited (ASPL). Outlook on the assigned ratings is ‘Stable’. ASPL, incorporated in 2001, provides equity brokerage services to domestic retail and institutional clients. Shareholding structure of the company is split between ...

Karachi, December 30, 2015 (PPI-OT): On the Night of 31st December 2015 people will celebrate New Year 2016 and will rush towards Clifton, Bagh Ibn-e-Qasim and Sea View. Public and […]

Lahore, December 30, 2015 (PPI-OT): The Day and Night Final of Peshawar Zalmi Quaid-e-Azam Trophy 2015-2016 will be played between SNGPL and UBL from 3rd to 7th January 2016 at […]

Islamabad, December 30, 2015 (PPI-OT): Time for Poll/Re-poll of Local Government Elections in Sindh and Punjab is 7.30 a.m to 5.30 p.m. The Election Commission of Pakistan clarifies that voters […]