November 5, 2020 – Pakistan Press International

Nov52020 by PPI News AgencyNo Comments

Board Meeting other than Financial Result of Summit Bank Limited

Karachi, Summit Bank Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on November 09, 2020 at Karachi to consider the various business and operational affairs of the bank. Further, the company has declared the closed period from November 04, 2020 to November 09, 2020. Summit Bank Limited was incorporated in Pakistan as a public company limited on December 09, 2005 under the Companies Ordinance, 1984. The ultimate holding company of the Group which comprises of Summit Bank Limited the holding company and Summit Capital Private Limited a wholly owned subsidiary is Suroor Investments Limited a company incorporated in Mauritius. The bank is principally engaged in the business of commercial banking through its 187 branches in Pakistan a...

Nov52020 by PPI News AgencyNo Comments

Board of directors meeting of Honda Atlas Cars Pakistan Limited

Board Meetings, Company News, English

Karachi, Honda Atlas Cars Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on November 18, 2020 at Karachi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended September 30, 2020. Further, the company has declared the closed period from November 12, 2020 to November 18, 2020. Honda Atlas Cars Pakistan Limited is a public limited company incorporated in Pakistan on November 4, 1992. The Company is a subsidiary of Honda Motor Company Limited, Japan. The principal activities of the company is assembling and progressive manufacturing and sale of Honda vehicles and spare parts. The Company commenced commercial production from July, 1994. The stocks of the company are quoted on the Karachi, L...

Nov52020 by PPI News AgencyNo Comments

VIS withdraws Entity Ratings of P.D.H. Laboratories (Private) Limited

Business, English

Karachi, November 05, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BB+/A-2’ (Double B Plus/A-Two) assigned to P.D.H. Laboratories (Pvt.) Limited with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on December 30, 2019. For more information, contact: Director Compliance and Rating Analytics, VIS Credit Rating Company Limited VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad, Phase VII, DHA, Karachi, Pakistan Tel: +92-21-35311861-72 Fax: +92-21-35311873 Email: bilal@jcrvis.com.pk Website: https://www.vis.com.pk/ The post VIS withdraws Entity Ratings of P.D.H. Laboratories (Private) Limited appeared first on Business News Pakistan.

Nov52020 by PPI News AgencyNo Comments

VIS withdraws Entity Ratings of Vision Developers (Private) Limited

Business, English

Karachi, November 05, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to Vision Developers (Pvt.) Limited with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on December 17, 2019. For more information, contact: Director Compliance and Rating Analytics, VIS Credit Rating Company Limited VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad, Phase VII, DHA, Karachi, Pakistan Tel: +92-21-35311861-72 Fax: +92-21-35311873 Email: bilal@jcrvis.com.pk Website: https://www.vis.com.pk/ The post VIS withdraws Entity Ratings of Vision Developers (Private) Limited appeared first on Business News Pakistan.

Nov52020 by PPI News AgencyNo Comments

VIS withdraws Entity Ratings of Vision Builders (Private) Limited

Business, English

Karachi, November 05, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BBB/A-2’ (Triple B/A-Two) assigned to Vision Builders (Pvt.) Limited with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on January 10, 2020. For more information, contact: Director Compliance and Rating Analytics, VIS Credit Rating Company Limited VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad, Phase VII, DHA, Karachi, Pakistan Tel: +92-21-35311861-72 Fax: +92-21-35311873 Email: bilal@jcrvis.com.pk Website: https://www.vis.com.pk/ The post VIS withdraws Entity Ratings of Vision Builders (Private) Limited appeared first on Business News Pakistan.

Nov52020 by PPI News AgencyNo Comments

VIS Withdraws Entity and Sukuk Ratings of Park View Enclave (Private) Limited

Business, English

Karachi, November 05, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the Entity and Sukuk ratings assigned to Park View Enclave (Private) Limited (PVEPL) with immediate effect on account of management’s decision to discontinue the ratings. The entity was assigned ‘A/A-2’ (Single A/A-Two) ratings, while the Sukuk had a rating of ‘AA-’ (Double A Minus). The previous rating action was announced on October 23, 2019. For more information, contact: Director Compliance and Rating Analytics, VIS Credit Rating Company Limited VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad, Phase VII, DHA, Karachi, Pakistan Tel: +92-21-35311861-72 Fax: +92-21-35311873 Email: bilal@jcrvis.com.pk Website: https://www.vis.com.pk/ The post VIS Withdraws Entity and Sukuk Ratings of Park View Enc...