Day: August 12, 2024

Alhamra Daily Dividend Fund Announces New Dividend Payout

Karachi: The Chief Executive Officer of MCB Investment Management Limited, which manages the Alhamra Daily Dividend Fund (ALHDDF), has declared a new dividend distribution. A dividend of Re. .0476 per unit is set to be paid to the unit holders who wer…

Commencement of Tight Gas Production at Nur West Well-1 by OGDCL

Karachi: Oil & Gas Development Company Limited (OGDCL) announces the start of early commercial production of Tight Gas from Nur West Well-1, situated in the Sujawal district of Sindh Province. The project marks a significant step in enhancing Paki…

Pakistan Cash Management Fund Approves New Dividend Distribution

Karachi: The management company MCB Investment Management Limited, which oversees the Pakistan Cash Management Fund (PCF), announced that its Board of Directors has approved a dividend payout. The fund will distribute Re. .0221 per unit to all registe…

Bank AL Habib Announces 35% Second Interim Cash Dividend for 2024

Karachi: The Board of Directors of Bank AL Habib Limited has declared a second interim cash dividend of 35%, which translates to Rs. 3.50 per share of Rs. 10 each, for the fiscal year ending December 31, 2024. This announcement came following their me…

First Elite Capital Modaraba Director Reports Share Transaction

Karachi: In a recent notification to the Pakistan Stock Exchange, First Elite Capital Modaraba disclosed a significant share transaction by Muhammad Javed Amin, a Non-Executive Director of the company. According to information available from the Pakis…