Day: June 23, 2025

Fauji Cement Director Resigns, Replacement Yet to Be Announced

Karachi: The Fauji Cement Company Limited (FCCL) has announced the resignation of Mr. Mazhar Abbas Hasnani from his position as Director of the company’s board, effective June 23, 2025. The company has yet to disclose the name of his successor.

The …

TRG Pakistan Limited Faces Legal Challenges Amid Court Rulings

Karachi: TRG Pakistan Limited is navigating a complex legal landscape following recent rulings from both the Sindh High Court and a U.S. district court. On March 22, 2025, the former CEO of the company, Mr. Ziaullah Khan Chishti, filed a petition in t…

JS Momentum Factor ETF Engages in Cash Generation Activity

Karachi: JS Investments Limited has announced a cash-generating activity for the JS Momentum Factor Exchange Traded Fund (JSMFETF), in accordance with Section 96 of the Securities Act, 2015, Clause 5.6.1 of the PSX Rule Book, and the relevant provisio…