Month: January 2025

JS Bank Limited Announces Profit Payment on Debt Securities

Karachi: JS Bank Limited has officially announced the payment of profit on its debt securities, specifically targeting the TFC holders of JSBLTFC-III, with the issue date of December 31, 2018, and bearing the symbol JSBLTFC2. This announcement comes a…

Otsuka Pakistan Ltd. Announces Change in Chief Financial Officer

Karachi: Otsuka Pakistan Ltd. has announced a significant change in its executive team with the appointment of a new Chief Financial Officer (CFO). Effective January 1, 2025, Mr. Tauseef Ahmed Shaikh has taken over the role from the outgoing CFO, Mr. …

Unusual Movement Observed in Matco Foods Limited Shares

Karachi: Matco Foods Limited (MFL) has addressed the unusual fluctuations observed in the price of its shares, stating that the company’s management is unaware of any developments or material information that could have influenced these changes in the…

Company Faces Financial Hurdles, Unable to Resume Operations

Karachi: The company cited in the letter dated January 01, 2024, is struggling to resume its commercial operations this year due to insufficient working capital. Despite continuous efforts, financial constraints have impeded the company’s ability to r…