Lahore, May 09, 2023 (PPI-OT): The rating reflects the holding Company character of Hubco with an exclusive focus on the different dimensions of the energy sector. The Company had signed a PPA with the government for 30 years that is valid till 2027. H...
Read More »Al Habib Asset Management Announces Interim Distribution for Al Habib Funds
Karachi, Al Habib Asset Management Limited, under the authority of the Board of Directors of Al Habib Asset Management Limited, has approved the interim distribution for the following funds for the year ending June 30, 2023.Al Habib Money Market Fund: ...
Read More »UBL Fund Managers Announces Interim Distribution for Al-Ameen Islamic Cash Plan-I
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...
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