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Karachi, MCB-Arif Habib Savings and Investments Limited, the management company of PAKISTAN CASH MANAGEMENT FUND (PCF), has announced the approval of a payout by the Chief Executive Officer on behalf of the Board of Directors. The details of the distri...

The post MCB-Arif Habib Approves Daily Distribution for PAKISTAN CASH MANAGEMENT FUND appeared first on Pakistan Company News.

Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Khalid Shafique Spinning Mills Limited (KSSML) at ‘BBB+/A-2’ (Triple B Plus/A-Two). Medium to long-term rating of ‘BBB+’ reflects adequate cre...

The post VIS Maintains Entity Ratings of Khalid Shafique Spinning Mills Limited appeared first on Pakistan Business News.

Karachi, June 20, 2023 (PPI-OT): FrieslandCampina Engro Pakistan Limited (FCEPL) and NEDAP, a multinational technology company in the Netherlands, join forces to harness the huge potential of the Pakistani dairy sector with the aim of boosting the oper...

The post FrieslandCampina Engro Pakistan Limited Partner to Unleash Vast Potential of Dairy Farming in Pakistan appeared first on Pakistan Business News.

Karachi, Habib Bank Limited has announced that Aga Khan Fund for Economic Development (AKFED), a substantial shareholder, has executed several transactions to increase its stake in the bank. The details of these transactions are as follows:1. Transacti...

The post Aga Khan Fund for Economic Development Increases Stake in Habib Bank Limited through Recent Transactions appeared first on Pakistan Company News.

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 (VIS) has withdrawn Broker Management Rating assigned to Foundation Securities (Private) Limited (FSPL) with immediate effect due to management’s decision to discontinue rating.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.