Business

Lahore, September 25, 2023 (PPI-OT): The ratings reflect strong business profile of Nishat Power Limited (Nishat Power) emanating from the demand risk coverage under Power Purchase Agreement signed between Central Power Purchasing Agency (CPPA-G) and t...

The post PACRA Maintains the Entity Ratings of Nishat Power Limited appeared first on Pakistan Business News.

Lahore, September 25, 2023 (PPI-OT): Nagina Group is one of the oldest medium-sized textile groups in Pakistan and Prosperity Weaving Mills Limited is the weaving arm of the group incorporated in 1991. The group also has a presence in the spinning sect...

The post PACRA Maintains the Entity Ratings of Prosperity Weaving Mills Limited appeared first on Pakistan Business News.

Karachi, September 25, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has reaffirmed entity ratings of ‘A/A-2’ (Single A/A-Two) of OBS Pakistan (Private) Limited (‘OBS-Pak’ or ‘the Company’). Medium to long term rating of ‘A’ signifies good credit...

The post VIS Reaffirms Entity Ratings of OBS Pakistan (Private) Limited appeared first on Pakistan Business News.

Karachi, September 25, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Associated Technologies (Pvt.) Limited (ATL) at ‘A-/A-2’ (Single A Minus/A-Two) with ‘Stable’ outlook. The medium to long-term rating of ...

The post VIS Reaffirms Entity Ratings of Associated Technologies (Private) Limited appeared first on Pakistan Business News.

Karachi, September 25, 2023 (PPI-OT): The Businessmen Group (BMG) attained victory in Karachi Chamber’s Annual Elections 2023 wherein all 15 BMG candidates attained 43,485 votes whereas the only opponent, who was contesting for a single seat, was able ...

The post All 15 BMG Candidates victorious in KCCI Elections with massive margin 43,485 votes casted in favor of BMG, opponent gets 315 votes only appeared first on Pakistan Business News.

Lahore, September 25, 2023 (PPI-OT): The rating emanates from the prominent profile of the Kashf Foundation (herein referred to as “The Foundation” or “the MFI”) in the Microfinance sector of Pakistan (herein referred to as "MFIs"). SECP is the Regulat...

The post PACRA Assigns Positive Outlook to Kashf Foundation appeared first on Pakistan Business News.

Karachi, September 25, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned preliminary rating of ‘A+’ (Single A plus) to the proposed Sukuk issue of Rs. 3.3b of OBS Pakistan (Private) Limited (‘OBS-Pak’ or ‘the Company’). Rating of ‘A+’ si...

The post VIS Assigns Preliminary Rating to Proposed Sukuk 2 of OBS Pakistan (Private) Limited appeared first on Pakistan Business News.