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,Read More…

Board of directors meeting of Honda Atlas Cars Pakistan Limited

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 aRead More…

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

Karachi, November 05, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BB+/A-2’ (Double B Plus/A-Two) assigned to P.D.H. Laboratories (Pvt.)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,
Read More…

VIS withdraws Entity Ratings of Vision Developers (Private) Limited

Karachi, November 05, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to Vision Developers (Pvt.)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,
VIRead More…

VIS withdraws Entity Ratings of Vision Builders (Private) Limited

Karachi, November 05, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘BBB/A-2’ (Triple B/A-Two) assigned to Vision Builders (Pvt.)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 CreditRead More…

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

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 annRead More…

Zong places Pakistan’s first international 5G video call with Beijing Mobile

Islamabad, November 05, 2020 (PPI-OT): Pakistan’s digital innovation frontrunner, Zong 4G, has become the first Pakistani operator to make the country’s pioneering 5G NSA call between Beijing and Islamabad in collaboration with Beijing Mobile. Minister of IT and Telecom Syed Amin Ul Haque experienced the 5G call in person.
The test call was in continuation of CMPak’s network transformation and digitization effoRead More…

10th round of negotiations for Thai-Pakistan FTA be arranged virtually: Consul General of Thailand

Karachi, November 05, 2020 (PPI-OT): Consul General of Thailand Thatree Chauvachata has stressed that the 10th round of negotiations to be hosted by Pakistan for finalizing the Free Trade Agreement (FTA) between Thailand and Pakistan suffered delays due to coronavirus pandemic but instead of waiting further, arrangements should be made to hold these crucial negotiations virtually so that the much-awaited FTA, which hRead More…

K-Electric facilitates senior citizens, removes need to visit Customer Centres

Karachi, November 05, 2020 (PPI-OT): Strengthening its portfolio of services, K-Electric (KE), Karachi’s sole power provider, has launched tele-billing services for senior citizens and specially-abled customers via its 24/7 118 call center. According to a KE statement on Thursday, this initiative is an extension of KE’s vision to be increasingly accessible to customers by driving digitization, streamlining busineRead More…

VMware Empowers Customers to build their Multi-Cloud Future

Islamabad, November 05, 2020 (PPI-OT): VMware, Inc. (NYSE: VMW) announced new innovations to help customers build, run, manage, connect, and protect any app on any cloud. Today, more than 15 million enterprise workloads run on VMware in the cloud, and more than 4,300 partners offer VMware-based cloud services. With these new and updated offerings, customers and partners can unlock multi-cloud’s full potential valueRead More…