Karachi: Bank Alfalah Limited has issued a perpetual Tier-I Term Finance Certificate (TFC), offering a profit rate of 6-month KIBOR plus 2.00%. The market lot is 1 with a face value of Rs. 5,000. The total issue size is Rs. 7,000,000,000, which is ent…
Karachi: Al Meezan Mutual Fund, operational since 2011, reported an offer price of Rs. 20.8 and a redemption price of Rs. 20.34 as of November 10, 2023. The fund, with a June financial year-end, provides a stable mutual fund investment option for inve…
Karachi: K-Electric Limited has secured financing through a seven-year Sukuk, carrying a profit rate of 3-month KIBOR plus 1.7%. The market lot is 1 with a face value of Rs. 100,000. The total issue size stands at Rs. 6,700,000,000, fully outstanding….
Karachi: Meezan Strategic Allocation Fund III, operational since 2019, provides the Meezan Capital Pre Plan-IX. This plan, with a previous book closure date on June 30, 2022, had a redemption price of Rs. 66.08 as of November 10, 2023. The fund offers…
Karachi: Soneri Bank Limited has offered a ten-year Tier-II Term Finance Certificate (TFC), with a profit rate of 6-month KIBOR plus 1.7%. The market lot is 1, and the face value is Rs. 100,000. The total issue size is Rs. 4,000,000,000, with the full…
Karachi: The AWT – Stock Fund, operational since 2015, presented an offer price of Rs. 115.82 and a redemption price of Rs. 113.26. The fund, which ends its financial year in June, has been actively involved in the stock market for several years.
Karachi: Summit Bank Limited has informed the Pakistan Stock Exchange of two separate rights issues. The first proposed rights issue is set at a rate of 11.2443%, while the second is notably higher at 65%. These issues are likely aimed at diversifying…
Karachi: Meta Tech Health Limited, in a bold move, has declared a rights issue at an unprecedented rate of 550%. The details shared with the Pakistan Stock Exchange indicate the company’s strategy to expand its capital base, allowing shareholders to p…
Karachi: Jahangir Siddiqui & Co has revealed its proposed rights issue at a rate of 15% for its preference shares. The announcement made to the Pakistan Stock Exchange is part of the company’s efforts to raise capital and provide shareholders with an …
Karachi: Pakistan Oxygen Limited (PAK OXYR) has disclosed to the Pakistan Stock Exchange the schedule for its upcoming rights issue. The company will commence trading in rights on the 1st of November, 2023. The last date for trading in these rights is…
Karachi: In a recent announcement, Treet Corporation Limited (TREE TR2) informed the Pakistan Stock Exchange of the timeline for its rights issue. Trading in the rights will start on the 24th of November, 2023. The trading will close on the 15th of De…
Karachi: Bank Al Habib Limited has listed a ten-year Tier-II Term Finance Certificate (TFC), with a profit rate of 6-month KIBOR plus 1.35%. This debt security has a market lot of 1 and a face value of Rs. 5,000, and a total issue size of Rs. 7,000,00…
