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Karachi, Avanceon Limited has successfully credited the final cash dividend for the year ended December 31, 2023. Shareholders who provided electronic mandates with complete 24-digit IBAN numbers received a dividend of Rs. 2 per share, totaling 20% of the value, on May 9, 2024. However, dividends for shareholders lacking the required IBAN numbers and CNIC copies have been withheld in compliance with the Companies Act, 2017.
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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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