Karachi, RMS (Private) Limited, the acquirer, has published its intention to acquire a significant portion of Baluchistan Wheels Limited’s ordinary share capital. The Public Announcement of Intention, covering the acquisition of 63.56% of the shares or…
Karachi, Johnson & Phillips Pakistan Limited has formally submitted an application for voluntary delisting from the Pakistan Stock Exchange (PSX) and seeks approval for the purchase of shares from its minority shareholders. The application,…
Karachi, Alfalah Asset Management Limited has announced a daily dividend distribution for its Alfalah Islamic Rozana Amdani Fund (AIRAF). The Chief Executive, on behalf of the Board of Directors, has approved a dividend of Re. 0.0549 per unit. This div…
Karachi, Ibrahim Holdings (Pvt.) Limited, identified as a substantial shareholder of Ibrahim Fibres Limited, has taken a strategic step to reinforce its investment in the company. On August 8, 2023, Ibrahim Holdings executed the acquisition of 500 shar…
Karachi, Asim Textile Mills Limited has issued a clarification regarding the recent unusual price movement in its shares. In accordance with section 97 of the Securities Act 2015 and clause 5.6.3 of the PSX regulations, the company has notified stakeho…
Karachi, United Bank Limited (UBL) has taken the initiative to provide its shareholders with an interim cash dividend for the year ending December 31, 2023. The dividend, amounting to Rs. 11 per share or 110%, has been electronically credited to the de…
Karachi, AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a significant shareholder of Habib Bank Limited (HBL), has undertaken a strategic move to enhance its investment in the bank. On August 8, 2023, the fund executed a purchase of 400 shares at a rate of 10…
Karachi, MCB-Arif Habib Savings and Investments Limited, the management company overseeing ALHAMRA DAILY DIVIDEND FUND (ALHDDF), has announced its latest dividend payout on behalf of the Board of Directors. The approved distribution comprises a dividen…
Karachi, MCB-Arif Habib Savings and Investments Limited, the management entity overseeing ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), has announced a new dividend distribution in line with decisions made by its Board of Directors. The approved daily d…
Karachi, Ashfaq Textile Mills Limited has revealed recent insider transactions involving the purchase of company shares. The disclosed transactions were carried out by Mussarat Ashfaq, the spouse of Ashfaq Ahmad, an Executive Director of the company. T…
Karachi, In a recent decision underscoring continuity and leadership stability, the Board of Directors of Mari Petroleum Company Limited (MPCL) has officially reappointed Mr. Faheem Haider as the Managing Director and CEO of the company. The announceme…
Karachi, Prominent shareholder AGA KHAN FUND FOR ECONOMIC DEVELOPMENT has significantly increased its stake in Habib Bank Limited (HBL) through a series of acquisitions. On August 8, 2023, the Fund executed a strategic buying spree, accumulating shares…
