PACRA Upgrades Asset Manager Rating of Alfalah Asset Management Limited

Lahore, September 01, 2023 (PPI-OT): The rating reflects Alfalah Asset Management Limited's (the "AMC" or "AAML") prominent position in the asset management industry, supported by i) a structured investment process ii) sound governance structure and ii...

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VIS Reaffirms Corporate Governance Rating of Pak Oman Investment Company Limited

Karachi, September 01, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the Corporate Governance Rating (CGR) of Pak Oman Investment Company Limited (‘POIC’ or ‘the Company’) at ‘CGR-9’. The rating signifies very high level of corp...

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Vivo Partners with AlfaMall to Elevate Customer Services and Product Accessibility

Lahore, September 01, 2023 (PPI-OT): Vivo, a leading global smartphone brand, announces its collaboration with AlfaMall, the e-commerce platform of Bank Alfalah. It offers pay-through cash and installment options for all bank credit cards - making prod...

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Pak Suzuki Motorcycle Plant Temporarily Shuts Down Due to Inventory Shortage

Karachi, In a recent announcement, Pak Suzuki Motor Company Limited revealed that it would temporarily cease operations at its motorcycle plant from September 1, 2023, to September 12, 2023. This decision comes in response to a shortage of inventory le...

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PTCL Clarifies Acquisition Rumors and Dismisses Speculation of Merger with Telecom Firm

Karachi, Pakistan Telecommunication Company Limited (PTCL) has issued a statement in response to recent rumors and reports containing sensitive information regarding its potential acquisition of a target telecom company. The company seeks to clarify it...

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UBL Fund Managers Announces Interim Cash Dividends for Al-Ameen Islamic Cash Plan-I and UBL Special Savings Plan-V

Karachi, UBL Fund Managers Limited has announced interim cash dividends for two of its investment plans, in accordance with the authority granted by the company's Board of Directors.Under the Al-Ameen Islamic Cash Fund, the company has approved an Inte...

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Sitara Developers Acquires 1,2800 Shares of Sitara Chemical Industries

Karachi, Sitara Developers (Private) Limited, an associated company of Sitara Chemical Industries Limited, has disclosed a significant acquisition of shares in Sitara Chemical Industries. A total of 1,2800 shares of Sitara Chemical Industries Limited w...

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