PACRA maintains the rating of TPL Corp Limited | PP Sukuk | Jun-22 | RW

Lahore, July 17, 2023 (PPI-OT): The ratings encapsulate the strength of the security structure of Privately Placed Islamic Certificates (Sukuk). Sukuk has a multi-layered protection mechanism that provides intrinsic mitigation against unforeseen risks....

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PACRA Assigns Initial Entity Ratings to Nisar Spinning Mills (Private) Limited

Lahore, July 17, 2023 (PPI-OT): The Nisar Spinning Mills (Pvt) Limited (“the Company” or “NSMPL”) ratings emanate from the strapping profile of the sponsoring group-ATS. The ATS group operates and has an appreciable presence in multiple diversified ind...

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UBL Fund Managers Limited Announces Interim Cash Dividend for UBL Liquidity Plus Fund

Karachi, UBL Fund Managers Limited, a renowned asset management company, has exciting news for investors of the UBL Liquidity Plus Fund. The Chief Executive Officer, with the authority granted by the Board of Directors, has approved an interim cash div...

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The Searle Company Limited’s Board of Directors Approves Financial Budget for the Year 2023-24

Karachi, The Searle Company Limited, a prominent pharmaceutical and healthcare organization, announced that its Board of Directors conducted a meeting on July 17, 2023, wherein they reviewed and approved the financial budget for the upcoming fiscal yea...

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Exide Pakistan Limited to Conduct Corporate Briefing Session on August 15, 2023, to Share Financial Performance and Outlook

Karachi, Exide Pakistan Limited, a leading name in the battery manufacturing industry, has announced a Corporate Briefing Session scheduled for August 15, 2023. This session will be conducted via Zoom/Video-link facility, providing an opportunity for i...

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Ibrahim Fibres Limited Announces Significant Share Transaction by Ibrahim Holdings (Pvt.) Limited

Karachi, Ibrahim Fibres Limited, a prominent textile company, has disclosed a noteworthy share transaction involving Ibrahim Holdings (Pvt.) Limited, a substantial shareholder. The details of the transaction are as follows:Person: Ibrahim Holdings (Pvt...

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