JS Bank Limited Successfully Credits Unpaid Right Shares into Shareholders’ CDS Accounts

Karachi, JS Bank Limited is delighted to announce that the unpaid Right Shares have been successfully credited into the respective Central Depository System (CDS) accounts of the bank's shareholders, maintained with the Central Depository Company (CDC)...

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Khawaja Safee Sultan Appointed as Company Secretary of Kohinoor Energy Limited, Replacing Mr. Muhammad Asif

Karachi, In a recent development, Kohinoor Energy Limited, a prominent player in the energy sector, announced the appointment of Khawaja Safee Sultan as the new Company Secretary, effective from July 3, 2023. Khawaja Safee Sultan will take over the res...

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D.M. Textile Mills Appeals for Support Amid Challenging Economic Conditions

Karachi, D.M. Textile Mills Limited, in its quarterly progress report, highlights the ongoing challenges faced by the company amidst the deteriorating economic and political situation. Despite the unfavorable circumstances, the company remains committe...

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Setting The Record Straight: Examining Karachi’s Loadshed Profile

Karachi, July 04, 2023 (PPI-OT): In response to reports about power situation in Karachi and adjoining areas, KE maintains that there the loadshed plan is the same as announced and implemented in March 2023. The company conducts periodic assessments of...

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BankIslami Pakistan Achieves AA- Rating, Solidifying Its Position as a Leading Financial Institution

Karachi, July 04, 2023 (PPI-OT): BankIslami, Pakistan’s leading Islamic bank, is delighted to announce that it has been upgraded to an AA- rating. This prestigious rating reaffirms the bank's commitment to excellence, sound financial management, and it...

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Pakistan’s First ‘AAA’ Rated Rs. 2.5 Billion ‘Gender Bond’ Launched

Karachi, July 04, 2023 (PPI-OT): InfraZamin Pakistan, Kashf Foundation and Arif Habib Limited launch Pakistan’s first ‘AAA’ rated, Rs. 2.5 billion, fully Guaranteed ‘Gender Bond’ for bond capital market investors. InfraZamin Pakistan, a licensed NBFI a...

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VIS Maintained Preference Share Ratings of PGP Consortium Limited

Karachi, July 04, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the preference share ratings of PGP Consortium Limited (PGPC) at ‘BBB’ (Triple B). Outlook on the assigned ratings has been revised from ‘Rating Watch - Developing’...

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