‫فیوکنگ عظیم کامیابیوں کے 30سال کا جشن منارہاہے

فیوکنگ،چین،29دسمبر،2020 /ژن ہوا-ایشیا نیٹ/ — فیوکنگ جو پہلے ایک ضلع تھا،26دسمبر،1990 کے دن ریاستی کونسل کی جانب سے اسے فیوژو کے ایک  ضلعی سطح کے شہر کی حیثیت سے منظوری دے دی گئی۔تب سے فیکونگ ایک نئی تاریخی دور میں داخل ہوگیا،اور ایک عظیRead More…

PACRA Maintains Stability Rating of BMA Chundrigar Road Savings Fund

Lahore, December 29, 2020 (PPI-OT): The rating reflects the fund’s average credit quality and liquidity profile. At end Jun’20, the fund is invested in bank (91.95%), while the rest is invested in TFC’s. The Bank placements are made in A- rated banks, which has impacted the rating of the Fund. The unit holding pattern of the fund is highly concentrated with the top 10 investors representing ~91% of Read More…

VIS Assigns Initial Broker Management Rating to Darson Securities Limited

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned initial Broker Management Rating of ‘BMR2’ to Darson Securities Limited (DSL). Outlook on the assigned rating is ‘Stable’. The rating signifies strong external control framework, sound risk management and compliance and sound HR and IT policies. Client relationship, supervision over regulatory requirements and financial manRead More…

VIS Withdraws Management Quality Rating of JS Investments Limited

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has withdrawn the Management Quality Rating of ‘AM2’ (AM-Two) assigned to JS Investments Limited (JSIL), with immediate effect on account of management’s decision to discontinue the rating. The previous rating action was announced on December 31, 2019.
For more information, contact:
Director Compliance and Rating Analytics,
VIS Credit RatRead More…

VIS Reaffirms Entity Ratings of Thal Limited

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Thal Limited (THAL) at ‘AA/A-1+’ (Double A /A-One Plus). The long-term rating of ‘AA’ signifies high credit quality and strong protection factors. Risk is modest but may vary slightly from time to time because of economic conditions. The short-term rating of ‘A-1+’ signifies highest certainty Read More…

VIS Reaffirms Ratings of Sheikhoo Sugar Mills Limited

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sheikhoo Sugar Mills Limited (SSML) at ‘A-/A-2’ (Single A Minus/A-Two). The medium to long-term rating of ‘A-’ denotes good credit quality coupled with adequate protection factors. Moreover, risk factors may vary with possible changes in the economy. The short-term rating of ‘A-2’ denotes goodRead More…

VIS Reaffirms IFS Rating of Jubilee General Insurance Company Limited

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength Rating of Jubilee General Insurance Company Limited (‘JGI’ or ‘the Company’) at ‘AA+’ (Double A Plus). The rating signifies very high capacity to meet policyholder and contract obligations. Risk is considered modest but may vary slightly over time due to business /economic conditions. OutloRead More…

TECNO proved to be the best brand in ‘Budget-Category Smartphone 2020’

Karachi, December 29, 2020 (PPI-OT): Different smartphone brands in Pakistan are making an effort to deliver a budget-friendly phone. TECNO has taken the liberty to smash the budget category phone. The firm has delivered utmost customer satisfaction within a short span of time in Pakistan.
TECNO has landed the Camon 12 in the market. It’s a flagship phone variant that was expected to have a high price. Fortunately,Read More…

VIS Reaffirms Entity Ratings of Thal Power (Private) Limited

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Thal Power (Private) Limited (TPPL) at ‘AA/A-1+’ (Double A /A-One Plus). The long-term rating of ‘AA’ signifies high credit quality and strong protection factors. Risk is modest but may vary slightly from time to time because of economic conditions. The short-term rating of ‘A-1+’ signifies hiRead More…

VIS Maintains Entity Ratings of Shahtaj Textile Limited

Karachi, December 29, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Shahtaj Textile Limited (STL) at ‘A-/A-2’ (Single A Minus/A-Two). Long-term rating of ‘A-’ signifies good credit quality and adequate protection factors; risk factors may vary with possible changes in the economy. Short-term rating of A-2 indicates good certainty of timely payment. Liquidity factoRead More…