PACRA Maintains Stability Rating of Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund)

Lahore, August 18, 2023 (PPI-OT): Pak Oman Income Fund (or the “Fund”) is a moderate risk profile Fund. The objective of the Fund is to provide its unit holders competitive returns from portfolio of investment with low credit risk with maximum possible...

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Shareholders Approve Resolutions in Fauji Fertilizer Bin Qasim EGM

Karachi, Fauji Fertilizer Bin Qasim Limited (FFBL) recently held its 21st Extraordinary General Meeting (EGM) on August 18, 2023, during which several crucial resolutions were passed by the shareholders.One of the notable resolutions approved by the sh...

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First Elite Capital Modaraba’s Non-Executive Director Initiates Strategic Share Acquisition

Karachi, First Elite Capital Modaraba, a significant player in the financial sector, has announced a noteworthy development as a key individual associated with the company undertakes a strategic share acquisition. On August 17, 2023, Muhammad Javed Ami...

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JS Investments Limited Releases Un-Audited Financial Results for the Period Ended June 30, 2023

Karachi, JS Investments Limited, one of the prominent asset management companies in Pakistan, has announced its un-audited financial results for the period ended June 30, 2023. The results were recommended by the company's Board of Directors in a meeti...

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Bank Alfalah Releases 2nd Quarter/Half Year 2023 Financial Statements on Website

Karachi, Bank Alfalah Limited, a prominent player in the banking sector, has taken a significant step toward transparency and information dissemination by making its financial performance data readily accessible to the public. The company has informed ...

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Update on Instrument Rating of Neelum Jhelum Hydropower Company (Private) Limited

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) notes that Neelum Jhelum Power Station has resumed normal operations on August 09, 2023 after completion of the recovery activities. The project was shut down on July 04, 2022 d...

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VIS Reaffirms Entity Ratings of DWP Technologies (Private) Limited

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of DWP Technologies (Pvt.) Ltd. (DWPTL) at ‘A-/A-2’ (Single A Minus/A-Two). The long-term rating of ‘A-’ signifies good credit quality with ade...

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