2018 November 05 : AsiaNet-Pakistan

Archive for November 5th, 2018

PACRA Maintains Asset Manager Rating of National Investment Trust Limited

November 5, 2018 | General Business News

Lahore, November 05, 2018 (PPI-OT): The rating emanates from the company’s shareholding structure and strong competitive position in the domestic asset management industry. It is one of the largest and the oldest players in the industry. The rating reflects long …

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PACRA Maintains Entity Ratings of ORIX Modaraba

November 5, 2018 | General Business News

Lahore, November 05, 2018 (PPI-OT): ORIX Modaraba (ORIXM) enjoys sound financial profile emanating from leveraging, managed liquidity, and sustained profitability. Moreover, good management quality, strong risk management systems and control environment provide strength to ORIXM’s profile. The management’s business strategy …

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PACRA Assigns Initial Entity Ratings to EcoPack Limited

November 5, 2018 | General Business News

Lahore, November 05, 2018 (PPI-OT): Pakistan’s Polyethylene Terephthalate (PET) packaging sector mostly derives its demand from bottled water and carbonated beverage industry, while, pharmaceutical and edible oil sectors have become an upcoming demand driver. To cater to this demand, introduction …

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PACRA Maintains Entity Ratings of EGAS (Private) Limited

November 5, 2018 | General Business News

Lahore, November 05, 2018 (PPI-OT): E-Gas (Pvt) Ltd (E-Gas) operates a unique business model of supplying CNG through a virtual pipeline. The ratings take comfort from the growing demand for gas amidst supply constraints. Overall the industry is dependent on …

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PACRA Maintains Entity Ratings of Saif Power Limited

November 5, 2018 | General Business News

Lahore, November 05, 2018 (PPI-OT): Saif Power Limited (Saif Power) runs 225MW Combined Cycle Thermal Power Plant at Sahiwal. The ratings reflect strong business profile of Saif Power emanating from the demand risk covered under PPA signed between NTDC and …

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PACRA Maintains Entity Ratings of Fatimafert Limited

November 5, 2018 | General Business News

Lahore, November 05, 2018 (PPI-OT): The ratings of Fatimafert reflect the strength of its sponsor – Fatima Fertilizer Limited – offering dynamic business acumen and strong financial flexibility. Fatimafert’s plants remained idle for most of the period due to suspension …

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PACRA Withdraws Entity Ratings of KASB Modarba

November 5, 2018 | General Business News

Lahore, November 05, 2018 (PPI-OT): The management of KASB Modaraba is not interested in continuation of the rating process. Hence, PACRA withdraws Entity Ratings [Long Term BBB, Short Term A2] of KASB Modaraba with immediate effect.

For more information, contact:…

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JCR-VIS Assigns Initial Entity Ratings to Indigo Textile (Private) Limited

November 5, 2018 | General Business News

Karachi, November 05, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) to Indigo Textile (Private) Limited (ITPL). Long term rating of A- reflects good credit quality, adequate protection factors, and …

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Board of Directors of United Brands Limited

November 5, 2018 | Board Meetings

Karachi, United Brands Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company was held on November 05, 2018 at Karachi.

United Brands Limited is a company incorporated in Pakistan by the name of …

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Technology and automation will define the future of road transport according to new IRU research, but significant obstacles stand in the way

November 5, 2018 | Press Release

GENEVA, SWITZERLAND – EQS – 5 November 2018 –

  • In the face of geopolitical and economic uncertainty, technology-driven innovation will be key to meeting the challenges of tomorrow in the road transport sector, according to a survey published today by

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New Discovery Channel Series to Feature Shanghai’s ‘Amazing Achievements’

November 5, 2018 | Press Release

SHANGHAI, Nov. 5, 2018 /PRNewswire/ — The Discovery Channels new all-access documentary series “How China Works II” hosted by world-renowned architect Danny Forster has been released. During the three-part series, he gains unprecedented access to the inner workings of China’s …

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GBLA passes Gilgit-Baltistan Levies Act 2018

November 5, 2018 | General Business News

Gilgit Baltistan Assembly unanimously passed Gilgit-Baltistan Levies Act 2018.

Minister Women Development Sobia Jabeen tabled the bill in the house.

Source: Radio Pakistan

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