Karachi: In a strategic move responding to market trends, Cheerat Packaging Limited has decided to sell one of its papersack production lines, as disclosed during the Board of Directors’ meeting on August 22, 2024.
The company revealed that due to t…
Karachi: Husein Industries Limited (“HUSI”) has responded to concerns regarding significant recent fluctuations in its share price, asserting that there is no undisclosed material information behind the movements.
The company’s statement came follow…
Karachi: The Board of Directors of Pakistan Aluminium Beverage Cans Limited will hold a virtual meeting on August 29, 2024, to consider and approve the Reviewed Financial Statements for the half-year ended June 30, 2024, among other matters. The meeti…
Karachi: United Bank Limited (UBL) has successfully credited the second interim cash dividend for 2024, declared at Rs.11 per share, which amounts to a 110% payout, directly into the bank accounts of shareholders who provided all necessary documentati…
Karachi: Bawany Air Products Limited has officially announced a change in its board of directors, with Mr. Momiza Hanif Bawany stepping down and Mr. Muhammad Afzal Shehzad appointed as Director, effective from August 21, 2024.
The transition in the …
Rawalpindi: ABL Funds announced the electronic crediting of an interim cash dividend of Rs. 0.0050 per share, representing a 0.05% yield, to its shareholders on August 22, 2024.
This financial disbursement pertains to the fiscal year ending August 2…
Karachi: The management of Alhamra Daily Dividend Fund (ALHDDF), led by MCB Investment Management Limited, declared a dividend distribution for its unit holders on August 21, 2024.
The Chief Executive Officer, on behalf of the Board of Directors, ha…
Karachi: Dewan Automotive Engineering Limited (DAEL) responded to inquiries regarding unusual fluctuations in their stock price, as queried by the Pakistan Stock Exchange on August 20, 2024.
The company acknowledged significant volatility in their s…
Karachi: Philip Morris (Pakistan) Limited is currently conducting a significant board meeting via video link, which began on August 22, 2024. The outcomes of this meeting are keenly anticipated, with results set to be disclosed to the Pakistan Stock E…
Karachi: Bata Pakistan Limited has announced the appointment of Ms. Jin Zeng as the new Chairperson and Director of the company, effective from August 22, 2024. This appointment fills the vacancy created by the resignation of Mr. Roberto Longo.
Ms. …
Karachi: Engro Fertilizers Limited has successfully credited the second interim cash dividend for 2024 at a rate of Rs. 3.00 per share, equivalent to a 30% dividend rate, into the electronic bank accounts of compliant shareholders on August 21, 2024. …
Karachi: For the Half Year Ended June 30, 2024, Fauji Fertilizer Bin Qasim Limited (FFBL) has reported a historic high in its half-yearly profits after tax (PAT) of Rs. 10.6 billion, marking a significant turnaround from the loss of Rs. 4.9 billion re…
