Daily Archives: December 28, 2018

Board of directors meeting of Imperial Sugar Limited

Karachi, Imperial Sugar Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 04, 2019 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended…

Board of directors meeting of N. P. Spinning Mills Limited

Karachi, N. P. Spinning Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 04, 2019 at Karachi to consider the matter of delisting of the Company and to authorize the…

PACRA Assigns Initial Broker Management Rating to Ismail Iqbal Securities (Private) Limited

Lahore, December 28, 2018 (PPI-OT): The rating reflects Ismail Iqbal Securities (Pvt.) Ltd’s (IIS) modest market share in the brokerage industry. The company’s focus remains on high net-worth individuals and ancillary business from big brokerage firms. The rating assigned to

Power Packed Biscuits providing nutrition to children

Islamabad, December 28, 2018 (PPI-OT): Continental biscuits (LU), one of Pakistan’s leading biscuit brands has always remained committed to address every mother’s concern in today’s challenging environment, that is, to energize the young minds with its Tiger and MilcoLU biscuits.

PACRA Maintains Stability Rating of AKD Cash Fund

Lahore, December 28, 2018 (PPI-OT): The Objective of AKD Cash Fund (AKDCF) is to provide optimum returns consistent with minimal risk from a portfolio constituted of high-quality short-term securities/instruments, which will provide liquidity. The Fund will exclusively invest in highly

PACRA Maintains Stability Rating of AKD Aggressive Income Fund

Lahore, December 28, 2018 (PPI-OT): AKDAIF is a dedicated fund that focuses primarily on fixed income securities and instruments. The objective of AKDAIF is to offer investors a convenient vehicle to invest in a diversified portfolio of fixed income securities/instruments

PACRA Maintains Entity Ratings of EFG Hermes Pakistan Limited

Lahore, December 28, 2018 (PPI-OT): The ratings reflect the company’s association with an international financial services provider, EFG Hermes, and its emerging position in Pakistan’s brokerage industry. Strong sponsor support, robust governance framework and internal control environment gives support to

PACRA Assigns Initial Stability Rating to AKD Islamic Income Fund

Lahore, December 28, 2018 (PPI-OT): The objective of AKD Islamic Income Fund (AKDISIF) is to provide investors with an investment vehicle that strives to enhance capital coupled with regular halal income by investing in Shariah compliant income investments.

The rating …

PACRA Maintains Stability Rating of MCB Pakistan Sovereign Fund

Lahore, December 28, 2018 (PPI-OT): The objective of the fund is to deliver income primarily from investment in government securities. The rating reflects the fund’s strong credit quality and a sound liquidity profile emanating from the fund’s policy to invest

PACRA Maintains Stability Rating of Alhamra Islamic Income Fund

Lahore, December 28, 2018 (PPI-OT): Fund’s investment objective is to generate risk adjusted returns by investing in short, medium and long-term shariah compliant fixed income instruments. The rating incorporates the fund’s moderate credit quality and liquidity profile emanating from the