Author: pakistancompanynews.com

VIS Reaffirms Ratings for J.K. Spinning Mills Limited

Karachi: The VIS Credit Rating Company Ltd. (VIS), an independent rating agency in Pakistan, has reaffirmed the credit ratings of J.K. Spinning Mills Limited (JKSM), maintaining its ratings at ‘A-/A-1’ (Single A Minus/A one). The reaffirmation was ann…

Army Welfare Trust Sells Stake in Askari Life Assurance

Karachi: In a significant transaction within the insurance sector, the Army Welfare Trust, a substantial shareholder of Askari Life Assurance Company Limited, has divested a notable portion of its holdings. According to a report dated September 1, 202…