Karachi: Tariq Corporation Limited has reported an unusual movement in the price of its preference shares, raising questions among investors and stakeholders. This development was addressed in a recent communication from the company, dated November 11…
Karachi: LSE Capital Limited, a leading corporate finance and advisory firm in Pakistan, has successfully acquired listing status on the Pakistan Stock Exchange Limited, marking a significant milestone in its strategic growth plan. The development was…
Islamabad: Reproduced hereunder letter No. PSX/Gen-1612 dated November 13, 2024, addresses a significant development in the Pakistan Stock Exchange (PSX), targeting Bilal Fibres Limited (“BILF”). The communication, issued under Section 97 of the Secur…
Karachi: The Saudi National Bank (SNB) has decided to terminate the process of selling its equity stake in Samba Bank Limited, according to a report filed on November 12, 2024. This decision was communicated in compliance with the Securities Act, 2015…
Karachi: The regulatory body has officially requested a clarification from Sui Southern Gas Company Limited (SSGC) concerning the notable fluctuations in the price and volume of its shares. The inquiry, dated November 13, 2024, cites Section 97 of the…
Karachi: On November 11, 2024, a notable transaction involving shares of EFU Life Assurance Ltd was executed by a non-executive director of the company. Saifuddin N. Zoomkawala, holding the position of a non-executive director, completed a “gift out” …
Karachi: OLP Financial Services Pakistan Limited has disclosed a recent transaction involving one of its executives, Mr. Shahzad Rana Younus, who has purchased shares in the company. This transaction, dated November 5, 2024, involved the acquisition o…
Lahore: In a significant corporate development, Nishat Mills Limited has announced the acquisition of 63.09 million shares of Nishat Chunian Power Limited from Mr. Shahzad Saleem. This transaction is part of a Scheme of Arrangement approved and sancti…
Lahore: Nishat Chunian Power Limited has disclosed a significant share transaction involving a substantial shareholder. On October 15, 2024, Mr. Shahzad Saleem, a substantial shareholder of the company, transferred 1,721,559 shares to his mother. The …
Karachi: Mr. Muhammad Amman Adil has resigned from his position as Director of Arctic Textile Mills Limited, effective November 12, 2024. The announcement was made public as the company prepares to fill the casual vacancy created by his departure with…
Karachi: IGI Holdings Limited announced its decision to acquire a 6.04% shareholding in Packages Limited, a move that involves the purchase of 5,396,650 ordinary shares from Stora Enso AB. The disclosure was made in a letter dated February 22, 2024, a…
Karachi: Goodluck Industries Limited is set to hold a Corporate Briefing Session on November 16, 2024, via Zoom Video Conferencing. The session aims to engage analysts, investors, and shareholders, who are invited to register by November 15, 2024, by …
