Karachi: Sindh Abadgars Sugar Mills Limited has reported a significant downturn in its financial performance for the nine months ending June 30, 2024, according to its latest un-audited financial statements. The company recorded a loss after taxation …
Karachi: With an increase in sugarcane production and subsequent rise in sugar output, Shahmurad Sugar Mills Limited presented its unaudited financial statements for the period ending June 30, 2024, reflecting a complex financial landscape shaped by r…
Karachi: Three companies listed on the Pakistan Stock Exchange (PSX) have been issued a final notice to rectify breaches of PSX Regulation 5.11.1.(d), specifically regarding the non-payment of outstanding dues to the Exchange. Chenab Limited, First Ca…
Karachi: The PSX has announced its decision to forward the case of Bilal Fibres Limited (BILF) to the Securities & Exchange Commission of Pakistan (SECP) for potential winding-up proceedings. This decision follows BILF’s failure to meet regulatory com…
Karachi: In a decisive regulatory move, the Pakistan Stock Exchange (PSX) has referred the case of Trust Investment Bank Limited (TRIBL) to the Securities & Exchange Commission of Pakistan (SECP) for further action. This referral follows a series of n…
Karachi: For all market participants, the Pakistan Stock Exchange (PSX) has outlined the specific procedures and guidelines for assigning securities to Designated Market Makers (DMMs), effective immediately.
According to the PSX Rulebook regulation …
Karachi: Trading of the newly issued Government of Pakistan Ijarah Sukuk (GIS) will commence on the Pakistan Stock Exchange (PSX) starting July 30, 2024, following its introduction in a primary market auction on July 25, 2024.
The one-year GIS, list…
Karachi: In a recent development impacting the financial sector, the Pakistan Stock Exchange (PSX) has released an updated list of securities eligible as market collateral for Deliverable Future Contract (DFC) market exposure margins, slated to take e…
TAIYUAN, China, July 26, 2024 /Xinhua-AsiaNet/– When people think of China’s Shanxi province, the ancient “Mature Vinegar” with over 3,000 years of history comes to mind. This unique vinegar, known for its sour, fragrant, sweet, mellow, and fresh flavors, undergoes five main steps and 82 procedures, including steaming, fermenting, smoking,
Karachi: Agritech Limited, a key player in the agricultural sector, has been approached by Maple Leaf Cement Factory Limited with a proposal to acquire shares and take control of the company. This move could potentially shift the balance of power in t…
Rawalpindi: Bannu Woollen Mills Limited has announced a forthcoming board meeting scheduled for August 03, 2024, to discuss and approve the company’s budget for the fiscal year ending June 30, 2025. According to information available from the Pakistan…
Karachi: National Refinery Limited has appointed Mr. Shahid Waheed Khwaja as the new Chief Executive Officer effective from July 26, 2024, replacing Mr. Jamil A. Khan.
In a recent corporate announcement, National Refinery Limited disclosed the execu…
