2018 June 22 : AsiaNet-Pakistan

Archive for June 22nd, 2018

Board of Directors meeting of Ghandhara Nissan Limited

June 22, 2018 |

Karachi, Ghandhara Nissan Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on June 29, 2018 at Karachi. The agenda of the meeting will to consider and approve the Budget of the Company …

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Board of Directors meeting of Ghandhara Nissan Limited

June 22, 2018 |

Karachi, Ghandhara Nissan Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on June 29, 2018 at Karachi. The agenda of the meeting will to consider and approve the Budget of the Company …

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Deposit Protection Mechanism for Banking Companies

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT): Deposit Protection Corporation (DPC), a wholly owned subsidiary of State Bank of Pakistan (SBP) has launched deposit protection mechanism under its Circular dated June 22, 2018. As envisaged in the Deposit Protection Corporation Act, 2016, …

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Fresh Note Issuance on Eid-ul-Fitr 2018

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT): The State Bank of Pakistan (SBP) through its 16 field offices of its subsidiary SBP Banking Services Corporation (SBP BSC) provided fresh banknotes of various denominations aggregated to Rs. 363 billion, including Rs 53 billion …

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Xiaomi achieves partnership with its second distributor in Pakistan, strengthening its footprint in the market

June 22, 2018 | General Business News

Lahore, June 22, 2018 (PPI-OT): Global technology leader Xiaomi welcomes Airlink Communications as its second distributor in Pakistan. Well-known for its range of amazing products at honest prices, Xiaomi is committed to letting a wider customer group across the country …

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Briefing on Tax Amnesty arranged by Pakistan Stock Exchange Limited

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT): Pakistan Stock Exchange Limited on June 22, 2018 arranged a Briefing on Tax Amnesty for its TRE Certificate Holders and Market Participants. The panellists on the occasion included Syed Muhammad Shabbar Zaidi, Senior Partner and …

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Zong 4G and Careem partner to give exciting offers to customers

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT): Pakistan’s No.1 Data network Zong 4G has entered into a partnership with region’s top ride hailing service, Careem to offer exciting value propositions for its customers. The companies have collaborated to deliver discounts to Zong …

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Huawei offers major discounts for Mate 10 and Mate 10 Pro

June 22, 2018 | General Business News

Islamabad, June 22, 2018 (PPI-OT): Huawei Consumer Business Group (CBG) has rolled-out a new update for the Huawei Mate 10 Series to further improve the users’ experience. The new update enables Face Unlockon the Huawei Mate 10 and Huawei Mate …

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PACRA Maintains Entity Ratings of State Life Insurance Corporation of Pakistan

June 22, 2018 | General Business News

Lahore, June 22, 2018 (PPI-OT):The rating reflects State Life Insurance Corporation’s utmost risk absorption capacity on the back of Government of Pakistan’s (GoP) guarantee for policyholders’ liabilities. The sum insured including bonuses (if any) declared by State Life Insurance Corporation …

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PACRA Assigns Initial Entity Ratings to Azhar Corporation (Private) Limited

June 22, 2018 | General Business News

Lahore, June 22, 2018 (PPI-OT):The rating reflects ACPL’s association with an established brand name Gai Soap with the long history of operations. The Company is primarily engaged in manufacturing of Personal and Home care products. The Company head office and …

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PACRA Maintains Entity Ratings of Maple Leaf Cement Factory Limited

June 22, 2018 | General Business News

Lahore, June 22, 2018 (PPI-OT): The ratings reflect Maple Leaf’s strong business profile supplemented by (i) sizable market share, (ii) recognized brand, and (iii) strong profitability. The company operates at 3.4mln tpa capturing market share of 7.2%. After commencement of …

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JCR-VIS Reaffirms Entity Ratings of Samba Bank Limited

June 22, 2018 | General Business News

Karachi, June 22, 2018 (PPI-OT):JCR-VIS Credit Rating Company Limited has reaffirmed entity ratings of Samba Bank Limited (SBL) at ‘AA/A-1’ (Double A/A-One). Outlook on the assigned ratings is ‘Stable’. Previous rating action was announced on June 23, 2017.

Assigned ratings …

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