Day: August 22, 2024

Dost Steels Limited to Hold Fresh Election of Directors

Lahore: In continuation of the previous Board meeting, Dost Steels Limited announced an Extraordinary General Meeting (EOGM) scheduled for September 19, 2024, at Lahore, to facilitate a fresh election of directors, following a formal notice from two b…

Millat Tractors Halts Production Amid GST Refund Delays

Karachi: Millat Tractors Limited (MTL) has announced a temporary cessation of production, citing significant delays in the government’s refund mechanism for Goods and Services Tax (GST) paid on raw materials, which stands at 18%, compared to the 10% G…

Fateh Sports Wear Responds to Unusual Share Price Movement

Karachi: Fateh Sports Wear Limited has officially addressed concerns regarding recent unexpected fluctuations in its stock price, stating that the company is unaware of any internal developments that could have caused such movements.

In response to …

Bata Pakistan Appoints New Chairperson and Director

Karachi: Bata Pakistan Limited has announced the appointment of Ms. Jin Zeng as the new Chairperson and Director of the company, effective from August 22, 2024. This appointment fills the vacancy created by the resignation of Mr. Roberto Longo.

Ms. …

ABL Funds Credits Shareholders with Modest Interim Dividend

Rawalpindi: ABL Funds announced the electronic crediting of an interim cash dividend of Rs. 0.0050 per share, representing a 0.05% yield, to its shareholders on August 22, 2024.

This financial disbursement pertains to the fiscal year ending August 2…

Husein Industries Addresses Unusual Share Price Movement

Karachi: Husein Industries Limited (“HUSI”) has responded to concerns regarding significant recent fluctuations in its share price, asserting that there is no undisclosed material information behind the movements.

The company’s statement came follow…

UNUSUAL PRICE MOVEMENT IN MIS KOHINOOR INDUSTRIES LIMITED SHARES

Karachi: MIS Kohinoor Industries Limited (KOIL) has experienced an unusual movement in its share price and volume.

According to information available from the Pakistan Stock Exchange (PSX), MIS Kohinoor Industries Limited (KOIL) has reported no mate…