Karachi: In a significant corporate restructuring, MCB Bank Limited announced the approval of a scheme for the transfer of several branches to its fully owned subsidiary, MCB Islamic Bank Limited, following resolutions passed in an extraordinary gener…
Karachi: Aisha Steel Mills Limited has announced the resignation of Mr. Salman Ahmed Khan from its Board of Directors, effective July 5, 2024.
The company disclosed the departure in a brief statement, noting that Mr. Khan’s resignation was formalize…
Karachi: The UBL Pakistan Enterprise Exchange Traded Fund (UBLP-ETF) is currently undergoing a cash generation activity as part of its fund reconstitution process scheduled for July 9, 2024.
According to the management of UBLP-ETF, this financial ma…
Karachi: K-Electric Limited has disclosed significant changes in its indirect shareholding structure, as communicated in a recent disclosure form filed with the Pakistan Stock Exchange (PSX) on July 8, 2024.
According to information available from t…
Karachi: The Board of Directors of Exide Pakistan Limited has released their annual report detailing a robust financial performance for the fiscal year ended March 31, 2024.
The company reported a profit before taxation of Rs. 2,154.70 million, with…
Karachi: Power Holding Limited has recently disclosed its financial position as of September 30, 2022, highlighting significant figures in both current and non-current assets and liabilities.
According to the unaudited statement presented, the compa…
Karachi: In an extraordinary move, Pakistan Hotels Developers Ltd. has declared a substantial interim cash dividend for the fiscal year ending June 30, 2025, amounting to Rs. 725 per share, or 7250%.
The Board of Directors, in a meeting held on July…
KARACHI: Amroll Steels Limited has announced an Extraordinary General Meeting (EOGM) to be held on July 30, 2024, at the Institute of Chartered Accountants of Pakistan, Karachi, to elect directors and handle other corporate matters. The announcement w…
KARACHI: Independent auditors have confirmed that the financial statements of Power Holding Limited for the fiscal year ending June 30, 2023, meet the requisite accounting and reporting standards of Pakistan.
The audit, conducted in line with Intern…
KARACHI: In compliance with Section 15D(1) of the Securities & Exchange Ordinance, 1969, and rule 5.6.1 of the PSX Rule Book, it has been officially announced that Mr. Zahid Malik is the new Chairman of the company.
The announcement, aimed at inform…
Lahore: HighNoon Laboratories Limited will conduct a Board of Directors meeting on July 15, 2024, to discuss non-financial matters. The company has also declared a “Closed Period” from July 9 to July 15, in compliance with Pakistan Stock Exchange regu…
Karachi: A senior management member of United Bank Limited, Alee Khalid Ghaznavi, sold 19,500 shares on July 4, 2024, as disclosed under Pakistan Stock Exchange regulations concerning insider trading. The shares were sold at a rate of 262.39 each thro…
