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Karachi, Mahmood Textile Mills Limited, in their Board of Directors meeting held on June 19, 2023, declared the issuance of bonus shares to its shareholders. The bonus shares will be distributed in the proportion of 60 shares for every 100 shares held,...

The post Mahmood Textile Mills Announces 60% Bonus Shares for Shareholders appeared first on Pakistan Company News.

Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has withdrawn Broker Management Rating assigned to Foundation Securities (Private) Limited (FSPL) with immediate effect due to management’s decision to discontinue rating. Previous r...

The post VIS Withdraws Broker Management Rating of Foundation Securities (Private) Limited appeared first on Pakistan Business News.

Islamabad, June 20, 2023 (PPI-OT): K-Electric (KE) has submitted a petition to conduct a public hearing on account of Fuel Charges Adjustment for the month of May 2023 at the rate of PKR 1.495 per unit. The request is due to slight increases in prices ...

The post NEPRA to Conduct a Public Hearing on K-Electric’s FCA Petition for May 2023 appeared first on Pakistan Business News.

Lahore, June 20, 2023 (PPI-OT): Descon Engineering’s Industrial Services Division has been awarded Construction, Installation and Tie-In activities project of Rehman, Front End Compression Facility by PGNiG. The primary scope of work includes civil wor...

The post PGNiG Reaffirms Confidence in Descon Engineering – Awards Construction, Installation and Tie-Ins Project appeared first on Pakistan Business News.

Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘AA+ (IFS)’ (Double A plus) with ‘Stable’ outlook assigned to Askari General Insurance Company Limited, with immediate effect, due to non-renew...

The post VIS Withdraws Entity Ratings of Askari General Insurance Company Limited appeared first on Pakistan Business News.

Karachi, June 20, 2023 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has questioned the commercial banks as to their reluctance to finance imports of SMEs despite the fact that State Bank of Pakistan (SBP) has advised them to finance im...

The post UNISAME Appreciates SBP for Facilitating SME Importers appeared first on Pakistan Business News.

Islamabad, June 20, 2023 (PPI-OT): SDGs Secretariat of the National Assembly of Pakistan organized a consultative workshop on strengthening article 140 A of the constitution of Pakistan and discussing the significance and role of local governments in P...

The post Consultative Workshop On Strengthening Article 140 A of The Constitution of Pakistan” “Empowering Local Government Bodies Key to Achieving SDGS appeared first on Pakistan News Gazette.