Published by Hong Kong Free Press Hats off to legislator Lai Tung-kwok, whose attempts to think of creative ways to waste our money led him to suggest that there should be a commissioner for national security education, to make sure the Good News is spread to adults as well as the helpless victims of the […]
Month: April 2022
Nyxoah to Release First Quarter 2022 Financial Results on May 9 and Host Conference Call on May 10, 2022
Nyxoah to Release First Quarter 2022 Financial Results on May 9 and Host Conference Call on May 10, 2022 Mont-Saint-Guibert, Belgium – April 28, 2022, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH)(“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive […]
ICI Pakistan Limited Announces Results for the Quarter and Nine Month Period ended March 31, 2022
Karachi, April 29, 2022 (PPI-OT):Following the meeting of the Board of Directors, ICI Pakistan Limited announced its financial results for the quarter and nine months ended March 31, 2022. Financial Highlights On a consolidated basis (including the results of the Company’s subsidiaries: ICI Pakistan PowerGen Limited, NutriCo Morinaga (Private) Limited, Net Turnover for the nine-month […]
EAC devoid of SME Representative, remains incomplete
Karachi, April 29, 2022 (PPI-OT):The Union of Small and Medium Enterprises (UNISAME) whilst felicitating prime minister (PM) Shehbaz Sharif on constituting the 22 member economic advisory committee regretted that it does not have a single representative of the majority SME sector of the economy. UNISAME president Zulfikar Thaver lamented that the EAC will remain incomplete […]
Robina Ather, Chairperson, National Tariff Commission meeting with OICCI Members
Karachi, April 29, 2022 (PPI-OT):OICCI members had a productive and interactive meeting with the Chairperson, National Tariff Commission (NTC), Robina Ather and Director, NTC, Muhammad Arshad, on Thursday, April 28, 2022, to discuss the OICCI Duty Structure/ Tariff Rationalization Proposals for the upcoming fiscal budget 2022-23, which were submitted to the Ministry of Commerce and […]
Ratings of K-Electric Limited
Karachi, April 29, 2022 (PPI-OT):VIS Credit Rating Company Ltd. has reaffirmed the entity ratings of AA/A-1+ (Double A/ A One-Plus) assigned to K-Electric Limited (KE). Long-term rating of ‘AA’ signifies high credit quality, and strong protection factors. Risk is moderate but may vary slightly from time to time because of economic conditions. Short-term rating of […]
VIS Assigns Preliminary Ratings to K-Electric Limited – Sukuk 6
Karachi, April 29, 2022 (PPI-OT):VIS Credit Rating Company Ltd. has assigned preliminary ratings of ‘AA+’ (Double A Plus) to K-Electric Limited’s (KE) proposed Rs. 12 billion Sukuk (Sukuk 6). Outlook on the assigned ratings is ‘Stable’. KE plans to issue a privately placed DSLR (Debt Securities Listing Regulations) listed Sukuk by May’22 to the tune […]
VIS Maintains Ratings of Rural Community Development Programmes
Karachi, April 29, 2022 (PPI-OT):VIS Credit Rating Company Limited (VIS) has maintained entity ratings of Rural Community Development Programmes (RCDP) at ‘BBB/A-3’ (Triple B/A-Three) while outlook on the assigned ratings has been revised from ‘Rating Watch-Developing’ to ‘Stable’. The medium to long-term rating of ‘BBB’ denotes adequate credit quality coupled with reasonable protection factors. Moreover, […]
VIS Downgrades Entity Ratings of NRSP Microfinance Bank Limited
Karachi, April 29, 2022 (PPI-OT):VIS Credit Rating Company Limited (VIS) has downgraded the entity ratings of NRSP Microfinance Bank Limited (‘NRSPB’ or ‘the Bank’) to ‘A-/A-1’ (Single A Minus/A-One) from ‘A/A-1’ (Single A Minus/A-One). The outlook on the assigned ratings has been revised from ‘Rating Watch – Developing’ to ‘Negative’. The long-term rating of ‘A-’ […]
Ratings of K-Electric Limited – Sukuk 4 and Sukuk 5
Karachi, April 29, 2022 (PPI-OT):VIS Credit Rating Company Ltd. has reaffirmed the instrument rating of ‘AA+’ (Double A Plus) assigned to K-Electric Limited’s (KE) Rs. 22 billion Sukuk (Sukuk 4) and Rs. 25 billion Sukuk (Sukuk 5). Outlook on the assigned ratings is ‘Stable’. The previous rating action on Sukuk 4 and Sukuk 5 were […]