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Aisha Steel (Convt Pref) Posts RS 1.17 Dividend for Convertible Preference Shares

Karachi, Aisha Steel (Convt Pref) NC (ASLCPS), has announced a dividend of RS 1.17 for its convertible preference shares. The stock was traded at a rate of RS 24.90. Unlike its common and non-convertible preference shares, the convertible preference shares have seen a distinct distribution strategy. The company, which was listed in 2015, operates with a market lot of 500. Despite the dividend, there was no EPS reported for the period from January to March 2024.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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