Karachi, UBL Fund Managers Limited, under the authority granted by the Board of Directors, has approved the interim distribution for Al-Ameen Islamic Cash Plan-I, a part of Al-Ameen Islamic Cash Fund.The Chief Executive Officer has announced an interim...
Read More »Kohat Cement Company Limited Repurchases 156,793 Shares in Buy-Back Scheme at an Average Price of PKR 149.7
Karachi, Kohat Cement Company Limited has successfully repurchased a substantial number of its own shares through the Pakistan Stock Exchange Limited. The buy-back initiative, which was authorized by special resolutions passed during the extraordinary ...
Read More »VIS Reaffirms Entity Ratings of Crescent Bahuman Limited
Karachi, May 09, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Crescent Bahuman Limited (CBL) at ‘A-/A-2’ (Single A Minus/A-Two). Medium to long-term rating of ‘A-’ signifies good credit quality; protection fac...
Read More »Special campaign against electricity theft is in full swing under the direction of Chief Executive Officer Faisalabad Electric Supply Company
Faisalabad, May 09, 2023 (PPI-OT): A special campaign against electricity theft is in full swing under the direction of Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Engr. Bashir Ahmad. In this connection, the special team of...
Read More »VIS Reaffirms Entity Ratings of Muhammad Shafi Tanneries (Pvt.) Ltd (MSTL)
Karachi, May 09, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has reaffirmed the entity ratings of Muhammad Shafi Tanneries (MSTL) at ‘BBB+/A-2’ (Triple B Plus/A-Two). The long-term rating of ‘BBB+’ signifies adequate credit quality with reasona...
Read More »VIS Maintains Entity Ratings of Orient Electronics (Pvt.) Limited
Karachi, May 09, 2023 (PPI-OT): VIS Credit Rating Company Limited has maintained entity ratings of Orient Electronics (Pvt.) Ltd. (OEL) at ‘A-/A-2’ (Single A Minus/A-Two). Outlook on the assigned ratings have been revised from ‘Rating Watch – Developin...
Read More »Artificial Intelligence and Quantum Computing Critical for Pakistan’s Progress: Professor Ahsan Iqbal
Islamabad, May 09, 2023 (PPI-OT): Speaking at the National University of Sciences and Technology (NUST) on Tuesday, May 9th, 2023, Federal Minister for Planning, Development, and Special Initiatives, Professor Ahsan Iqbal, stated that Pakistan needs to...
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