Karachi: Nauman Rathore, a substantial shareholder in First Elite Capital Modaraba, bought 18,400 shares on July 5, 2024, at a price of 7.48 per share, according to a regulatory disclosure required under the Pakistan Stock Exchange rules.
According …
Karachi: In a recent development within Pakistan’s financial markets, the JS Momentum Factor Exchange Traded Fund (JSMFETF) has temporarily halted trading due to a delay in its scheduled rebalancing activity, originally set to conclude today.
In a n…
Karachi: MCB Investment Management Limited has declared a new dividend payout for the Alhamra Daily Dividend Fund (ALHDDF), as of July 6, 2024.
This latest distribution, approved by the CEO on behalf of the fund’s Board of Directors, will see a divi…
Karachi: Fateh Sports Wear Limited has disclosed in its latest quarterly progress report that it is awaiting a court order to release a frozen amount of US$2.00 million, which is expected to be resolved shortly. According to information available from…
Karachi: In a landmark decision, MetTech Trading Limited will be fully merged with Big Bird Foods Limited, following the approval of a scheme of arrangement and reconstruction by the Lahore High Court on June 26, 2024.
The merger is a result of a ju…
Islamabad: The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) is set to convene on July 19, 2024, to review the company’s financial performance for the quarter ended June 30, 2024, and to consider any potential entitlement dec…
Karachi: MCB Investment Management Limited has declared a dividend for the Alhamra Daily Dividend Fund (ALHDDF) for July 7, 2024.
The fund’s Chief Executive Officer, on behalf of the Board of Directors, approved a daily distribution of Re. 0.0489 pe…
Karachi: National Foods Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to postpone its upcoming director elections, originally scheduled for October 14, 2024.
The company reported an impediment in conduc…
Karachi: SG Allied Businesses Limited, formerly known as SG Fibre Limited, has successfully pivoted from its previous struggles in the Polyester Filament Yarn industry to establish a thriving presence in high-tech agriculture.
After ceasing its poly…
Karachi: Exide Pakistan Limited is scheduled to hold its 71st Annual General Meeting (AGM) on July 29, 2024, at its registered office in Karachi and via video link, to discuss several critical corporate resolutions.
The AGM will address ordinary bus…
Karachi: The Oil and Gas Development Company Limited (OGDCL) has announced significant production increases at its Kunnar-11 well in Hyderabad district, Sindh, leveraging advanced technological methods to enhance output.
After implementing productio…
Karachi: MCB Investment Management Limited has declared a daily dividend payout for the Alhamra Islamic Money Market Fund (ALHIMMF), as announced on July 5, 2024.
The Chief Executive Officer, on behalf of the fund’s Board of Directors, approved a di…
