Karachi: In a recent development, Intermarket Securities Limited has announced its decision to alter its financial year-end from December to June, a move that is currently pending approval from relevant tax authorities and other regulatory bodies. Thi…
Karachi: The Pakistan Stock Exchange (PSX) has announced the continuation of the trading suspension for Zahur Cotton Mills Limited, citing ongoing non-compliance issues. The extension, effective from January 08, 2025, follows the company’s failure to …
Karachi: MCB Investment Management Limited has announced a daily dividend distribution for its ALHAMRA DAILY DIVIDEND FUND (ALHDDF). The decision was approved by the Chief Executive Officer of MCB Investment Management Limited, acting on behalf of the…
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…
Karachi: First Capital Equities Limited (FCEL) has initiated negotiations with secured creditors and financial institutions to settle overdue financial obligations on favorable terms, according to a progress report released by the company. The announc…
Karachi: In a recent development at Mughal Energy Limited, a significant change in the company’s leadership has been announced. On January 7, 2025, Mr. Saeed Hussain will assume the role of Head of Internal Audit, following the resignation of Mr. Qalb…
Karachi: The Pakistan Stock Exchange (PSX) has announced the continued suspension of trading in the shares of M/s. Gulistan Textile Mills Limited. This decision follows a previous notice, PSX/N-1073, dated November 08, 2024, which addressed the compan…
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…
Karachi: In a recent development, Pakistan Petroleum Limited (PPL) has reported a significant transaction involving one of its executives. Mr. Shahzad Sultan, who holds an executive position at PPL, conducted a sale of shares as disclosed under Rule 5…
Karachi: Pakistan Stock Exchange (PSX) has extended an invitation to TREC Holders to participate in the upcoming Money Matters Expo. Organized by Brand Accord, an innovative event and advertising company, in collaboration with PSX, the expo aims to br…
Lahore: Mughal Energy Limited has officially announced significant changes in its leadership and board committee structure following a meeting held on January 07, 2025. The Board of Directors has made pivotal appointments and reconfigurations to ensur…
Karachi: Shahtaj Sugar Mills Limited has announced that its Board of Directors’ performance for the financial year ending 30 September 2024 has been rated as satisfactory, following an annual evaluation conducted as per the requirements of the Code of…
