Karachi, January 14, 2021 (PPI-OT): VIS Credit Rating Company Limited has assigned initial entity ratings of A-/A-2 (Single A Minus/Single A Two) to Engro Enfrashare (Private) Limited. Outlook on the assigned ratings is ‘Stable’. The assigned ratings reflect Engro Enfrashare’s low business risk, modest financial risk profile and strong sponsor …

Karachi, January 14, 2021 (PPI-OT): TPL Corp, Pakistan’s leading tech conglomerate, has acquired an additional stake in TPL Properties, the tech giant’s emerging real-estate property development arm. With a 51% stake post-acquisition, TPL Corp and its sponsors have become the majority shareholders in TPL Properties. According to the notice on …

Karachi, Mirpurkhas Sugar Mills Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on January 12, 2021 at Karachi to consider matters other than financial results is in progress. Mirpurkhas Sugar Mills Limited is a Public Limited Company, was …

Karachi, January 14, 2021 (PPI-OT): Members of 47th Specialized Training Programme (under training Assistant Collectors of Pakistan Customs) called on Governor Sindh Imran Ismail at the Governor’s House. The governor urged the young officers to work with dedication and professionalism to excel in their service. He further said that the …

Karachi, January 14, 2021 (PPI-OT): Sindh Chief Minister Syed Murad Ali Shah has said that the use of indigenous Thar Coal instead of imported coal for power generation has resulted in a saving of $78 million FOREX for the country. “By procession toward ‘Economy of scale’ Thar coal prices are …

Islamabad, January 14, 2021 (PPI-OT): King Salman Humanitarian Aid and Relief Center (KSRelief), Pakistan has completed the distribution of winter relief goods in Khyber Pakhtunkhwa and outskirts of Islamabad. The package included 45,100 comforters and 22,550 kits, including men’s and women’s warm shawls and warm clothing for children and adults …

Islamabad, January 14, 2021 (PPI-OT): Pakistan and Azerbaijan have agreed to promote cooperation in the areas of economy and energy. This came at delegation level talks between the two countries in Islamabad today. Foreign Minister Shah Mahmood Qureshi represented Pakistan in the talks whilst the Azerbaijan side by its Foreign …