Karachi: MCB Investment Management Limited, previously known as MCB-Arif Habib Savings and Investments Limited, has declared a daily dividend distribution for the Pakistan Cash Management Fund (PCF). The Chief Executive Officer, on behalf of the Board…
Karachi: Pak Suzuki Motor Co. Ltd. has announced the temporary shutdown of its automobile plant due to a shortage of inventory. This decision, made by the company’s management, will see the automobile plant ceasing operations from November 9, 2023, to…
Karachi: The Board of Directors of Sanghar Sugar Mills Limited has made significant leadership appointments, as per the meeting held on November 8, 2023. Mr. Ghulam Dastagir Rajar has been elected as the Chairman of the Board for a three-year term sta…
Karachi: The Oil & Gas Development Company Limited (OGDCL) has announced the successful credit of its final cash dividend for the year ended June 30, 2023. Shareholders have received a dividend of Rs 2.75 per share, which amounts to a 27.50% payout, e…
Karachi: Prax Overseas Holdings Limited has formally withdrawn its intention to acquire a controlling stake in Shell Pakistan Limited. The initial Public Announcement of Intention (PAI) to acquire at least 77.42% of the issued and outstanding ordinary…
Karachi: The High Court of Sindh at Karachi has sanctioned the Scheme of Arrangement for the merger of Archroma Chemicals Pakistan (Private) Limited (formerly Huntsman Textile Effects Pakistan (Private) Limited) with and into Archroma Pakistan Limited…
Karachi: The Pakistan Stock Exchange (PSE) has been notified of a significant transaction by a substantial shareholder in one of the listed companies. Mr. Rafique R. Bhimjee, a substantial shareholder, has bought 390,000 shares at a rate of Rs. 88.00 …
Karachi: Dewan Cement Limited has addressed an inquiry from the Pakistan Stock Exchange (PSX) regarding the unusual movement in the price of its shares. In a letter dated November 3, 2023, the PSX sought clarification for the significant fluctuation i…
