Category: Business & Finance

INVESTMENTS LIMITED SETS UNCONTESTED DIRECTOR ELECTIONS FOR EGM

Karachi: Investments Limited has announced that the candidates nominated for the board of directors will be deemed elected at the Extraordinary General Meeting (EGM) scheduled for July 30, 2024. This follows the submission of candidacy notices by seve…

MCB Announces Daily Dividend Payout for ALHIMMF Investors

Karachi: MCB Investment Management Limited, the management company of the ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF), announced a daily dividend distribution. The Chief Executive Officer, on behalf of the Board of Directors, has approved a dividend o…

ARCHROMA ANNOUNCES RECONSTITUTION OF KEY COMMITTEES

Karachi: Archroma, a leader in chemical solutions, has announced the reconstitution of its Audit and Human Resource and Remuneration Committees following a Board of Directors meeting on July 23, 2024.

According to information available from the Paki…

Philip Morris Pakistan Announces New CEO

Karachi: Philip Morris (Pakistan) Limited (PMPKL) has announced a leadership transition, with Mr. Roman Yazbeck set to step down as Chief Executive Officer, effective July 31, 2024. Following his departure, Mr. Ali Takesh will assume the role of CEO s…

SINDH ABADGAR’S SUGAR MILLS REPORTS LOSS IN THIRD QUARTER

Karachi: Sindh Abadgar’s Sugar Mills Limited has reported a substantial loss for the third quarter ended June 30, 2024, with no dividends or rights issues announced for shareholders.

According to information available from the Pakistan Stock Exchang…