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Lahore: PACRA has assigned a long term entity rating of “A” (Single A) and short term rating of “A2” (A Two) to DOL. These ratings denote a low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments. The ratings recognize the company’s leading position …
Read More »The Karachi Stock Exchange (Guarantee) Limited’s change of R/TA
Karachi: This is with reference to your received on September 06, 2011 on the captioned subject. In this regard, we are pleased to inform you that your R/TA has been changed w.e.f. September 07, 2011 for your ordinary shares in CDS. The new record appears as follows: Old …
Read More »The Karachi Stock Exchange (Guarantee) Limited’s the express tribune news Item ‘KAPCO Profit Soars’; September 07, 2011
Karachi: We write with reference to the news item titled ‘KAPCO profit soars’ appearing on page 11 of the Express Tribune on even-data (September 7, 2011). Some factual incorrections in the said news item require our response as follows: “An incorrect impression has been given in the news item that …
Read More »The Karachi Stock Exchange (Guarantee) Limited’s right shares
Karachi: This is in continuation of our letter dated August 29, 2011, to inform you that in response to our request, our sponsor shareholder has now remitted Rs. 2,054,987,544 to take up the unsubscribed portion or the rights issue, i.e., 1,499,990,908 shares. Hence the bank has now received full subscription …
Read More »Chakwal Spinning Mills Limited’s notice of extraordinary general meeting
Karachi: Please find enclosed a copy of the Notice of the Extraordinary General Meeting of the Company to be held on September 28, 2011 for circulation amongst your members and requested to grant clearance of exchange for the proposed amendment in memorandum and Articles of Association in terms of listing …
Read More »Descon Chemicals Limited’s financial results for the year ended June 30, 2011
Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Thursday, September 08, 2011 at 10.30 am, at Descon Headquarters, 18-KM Ferozepur Road, Lahore have recommended the following financial results of the Company. 2011 2010 Rupees Rupees Sales 2,601,733,809 2,383,949,676 …
Read More »The Karachi Stock Exchange (Guarantee) Limited’s change of authorized person of M/s. Live Securities Limited
Karachi: Members of the Exchange are hereby informed that M/s. Live Securities Limited, Corporate Member – KSE, has intimated about change of authorized person of their Branch Office situated at Office No. 601-602, Stock Exchange Building, Stock Exchange Road, Karachi. Mr. Imran s/o Abdul Ghaffar, holding CNIC No. 42201-0529711-1, a …
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