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…
Islamabad: The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) is set to convene on July 19, 2024, to review the company’s financial performance for the quarter ended June 30, 2024, and to consider any potential entitlement dec…
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: In a landmark decision, MetTech Trading Limited will be fully merged with Big Bird Foods Limited, following the approval of a scheme of arrangement and reconstruction by the Lahore High Court on June 26, 2024.
The merger is a result of a ju…
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: Fateh Sports Wear Limited has disclosed in its latest quarterly progress report that it is awaiting a court order to release a frozen amount of US$2.00 million, which is expected to be resolved shortly. According to information available from…
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…
Karachi: MCB Investment Management Limited has declared a new dividend payout for the Alhamra Daily Dividend Fund (ALHDDF), as of July 6, 2024.
This latest distribution, approved by the CEO on behalf of the fund’s Board of Directors, will see a divi…
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: In a recent development within Pakistan’s financial markets, the JS Momentum Factor Exchange Traded Fund (JSMFETF) has temporarily halted trading due to a delay in its scheduled rebalancing activity, originally set to conclude today.
In a n…
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…
Karachi: Nauman Rathore, a substantial shareholder in First Elite Capital Modaraba, bought 18,400 shares on July 5, 2024, at a price of 7.48 per share, according to a regulatory disclosure required under the Pakistan Stock Exchange rules.
According …
