Board Meeting in Progress of Descon Oxychem Limited

Karachi, Descon Oxychem Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on September 02, 2020 at Lahore to consider annual accounts in progress.
Descon Oxychem Limited is a company incorporated in Pakistan as a private limited company on November 12, 2004. The company was converted into a public limited company with effect from February 28, 2008. TRead More…

Board of directors meeting of Matco Foods Limited

Karachi, Matco Foods Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 10, 2020 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2020.
 
Further, the company has declared the closed period from September 03, 2020 to September 10, 2020.
Matco Foods Limited was incorporated as a private limited cRead More…

Board of directors meeting of Pakistan Petroleum Limited

Karachi, Pakistan Petroleum Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 11, 2020 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2020.
 
Further, the company has declared the closed period from September 03, 2020 to September 11, 2020.
Pakistan Petroleum Limited was incorporated in PakisRead More…

Board Meeting other than Financial Result of Olympia Mills Limited

Karachi, Olympia Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 04, 2020 at Karachi to consider the routine business approvals.
The company was incorporated in Pakistan as a public limited company on October 28, 1960, and its shares are quoted on the Pakistan Stock Exchange. The registered office of the company is situated at H-23/3, Landhi InduRead More…

Board of directors meeting of TPL Properties Limited

Karachi, TPL Properties Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 09, 2020 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2020.
 
Further, the company has declared the closed period from September 02, 2020 to September 09, 2020.
TPL Properties Limited was incorporated in Pakistan as aRead More…

Board of directors meeting of Dynea Pakistan Limited

Karachi, Dynea Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 09, 2020 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2020.
 
Further, the company has declared the closed period from September 01, 2020 to September 09, 2020.
Dynea Pakistan Limited was incorporated in Pakistan on JRead More…

VIS Credit Rating Company Suspends Entity Ratings of Al Rahim Trading Company (Private) Limited

Karachi, September 02, 2020 (PPI-OT): VIS Credit Rating Company has suspended the entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to Al Rahim Trading Co. (Pvt.) Ltd, with immediate effect, due to non-availability of current information for ratings analysis. The ratings will be reassessed as and when the required information is available. The previous rating action was announced on February 28, 2019.
FoRead More…

VIS Credit Rating Company Suspends Entity Ratings of Allied Industries Hub (Private) Limited

Karachi, September 02, 2020 (PPI-OT): VIS Credit Rating Company has suspended the entity ratings of ‘BBB/A-2’ (Triple B/A-Two) assigned to Allied Industries Hub (Pvt.) Limited (AIHPL), with immediate effect, due to non-availability of current information for ratings analysis. The ratings will be reassessed as and when the required information is available. The previous rating action was announced on June 28, 2019Read More…

Revision of Guidelines on Stress Testing of the Banking Sector

Karachi, September 02, 2020 (PPI-OT): The State Bank of Pakistan has today released a revised suite of Guidelines on Stress Testing, which replaces the earlier guidelines issued in 2012. Stress testing is a key tool used globally by banks for risk management and capital planning. Accordingly, the revised guidelines will further strengthen the risk management capacity of the banks, Development Finance Institutions (DFRead More…

Federal Minister for IT Syed Amin Ul Haque lauds byonyks for developing bloodless kidney dialysis machine

Islamabad, September 02, 2020 (PPI-OT): Founder of Byonyks, the medical devices company that developed Pakistan’s first bloodless dialysis machine, Farrukh Usman called on Federal Minister for IT and Telecommunication Syed Amin Ul Haque on Wednesday. Farrukh Usman, a Harvard graduate has developed a painless and risk-free dialysis machine with the support of Ignite SEED funding and angel investors. Byonyks’ uRead More…