Daily Archives: December 4, 2020

Board Meeting other than Financial Result of Faysal Bank Limited

Karachi, Faysal Bank Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 14, 2020 at Karachi.   Further, the company has declared the closed period from December 07, 2020 to December

Board of directors meeting of Agritech Limited

Karachi, Agritech Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 10, 2020 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended December

Board Meeting in Progress of Tri-Pack Films Limited

Karachi, Tri-Pack Films Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on December 02, 2020 at Karachi is in progress. Tri-Pack Films Limited is a joint venture between

Govt releases Rs1.78b for textile sector: Dawood

Adviser to Prime Minister for Commerce and Investment, Abdul Razak Dawood has informed that the government has released 1.78 billion rupees for textiles sector under Drawback of Local Taxes and Levy scheme. The adviser said in a tweet that I

PM directs to ensure all possible facilities to enhance industrial production

Prime Minister Imran Khan has directed to remove obstacles in the way of foreign investment and industrialization and ensure all possible facilities to enhance industrial production. Chairing a meeting regarding enforcement of mobile devices manufacturing policy in Islamabad on Friday,

Storm drains to be separated from sewerage drains in Karachi: Murad

Sindh Chief Minister Syed Murad Ali Shah has said storm drains will be separated from sewerage drains in Karachi and treatment plants will also be installed to ensure un-hindered draining out of both the rain and sewerage water. While chairing

Religious Minister apprises PM about restructuring of Ulema & Mashaikh Council

Prime Minister Imran Khan has directed the Ministry of Religious Affairs to remain in constant touch with the religious scholars and the National Command and Operation Center (NCOC) on matters pertaining to COVID-19. He was talking to Minister for Religious

Punjab Government to facilitate ICCI in establishment of industrial estate

Islamabad, December 04, 2020 (PPI-OT): Sardar Tanveer Ilyas Khan, Special Assistant to the Chief Minister Punjab on Business, Investment and Trade Affairs and Chairman Punjab Board of Investment and Trade said that Punjab Government would extend all possible cooperation and

VIS Reaffirms Entity Ratings of Intermarket Securities Limited

Karachi, December 04, 2020 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has reaffirmed the entity ratings of Intermarket Securities (IMS) at ‘A-/A-2’ (A minus/A-Two). Outlook on the assigned ratings is ‘Stable’. Previous rating action was announced on September 05, 2019.

VIS Credit Rating Company Assigns Initial Entity Ratings to NASDA Green Energy Limited

Karachi, December 04, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to NASDA Green Energy Limited (NGEL or the Company) of ‘A-/A-2’ (Single A Minus/A-Two). Long term rating of ‘A-’ indicates good credit quality; adequate