| 2022 | January | 6

  • VIS Reaffirms Entity Ratings of Shahbaz Garments (Private) Limited

    Karachi, September 06, 2022 (PPI-OT):VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Shahbaz Garments (Private) Limited (SGL) at ‘A-/A-2’ (Single A Minus/A-Two). Long-term rating of ‘A-’ signifies good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy. Short term rating of ‘A-2’ signifies good certainty…

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  • VIS Reaffirms Entity Ratings of Gharo Solar Limited

    Karachi, September 06, 2022 (PPI-OT):VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Gharo Solar Limited (GSL) at ‘A/A-1’ (Single A/A-One). Long Term Rating of ‘A’ reflects good credit quality, adequate protection factors. Risk factors may vary with possible changes in the economy. Short Term Rating of ‘A-1’ indicates high certainty of timely…

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  • VIS Reaffirms Broker Management Rating of KTrade Securities Limited

    Karachi, September 06, 2022 (PPI-OT):VIS Credit Rating Company has reaffirmed Broker Management Rating of KTRADE Securities at ‘BMR2’. Outlook assigned on the rating is ‘Stable’ Previous rating action was announced on July 16, 2021. The rating signifies strong internal control framework, sound risk management, external controls and compliance levels, HR, IT, and customer services, while…

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  • 1.8 million K-Electric consumers are benefitting from Prime Minister’s FCA Relief Package

    Karachi, September 06, 2022 (PPI-OT):Following PM’s Announcement of FCA’s relief package for the month of June, 1.8 million eligible electricity consumers across KE serviced territory in Karachi and adjoining regions are receiving benefit and being delivered adjusted bills for August at their doorsteps with extended due dates. The announcement of June’s FCA relief has come…

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  • PSX Launches the First Dividend Based Index – PSX Dividend 20 Index

    Karachi, September 06, 2022 (PPI-OT):In a major step forward towards facilitating investors, stakeholders, and market participants, Pakistan Stock Exchange (PSX) has launched its first fundamental index, PSX Dividend 20 Index. This index is designed to track the performance of the top 20 dividend paying companies at PSX whereby the companies are ranked and weighted based…

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