Business & Finance News

Colony Textile Mills Limited Addresses Unexplained Share Price Volatility

Karachi: Colony Textile Mills Limited (CTM) has officially responded to inquiries regarding recent unexpected fluctuations in its share price, stating the company has no knowledge of any developments that could have triggered such movements. This stat...

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MCB Funds Announces Daily Dividend Distribution for September 8, 2024

Karachi: MCB Investment Management Limited, the managing company of the Pakistan Cash Management Fund (PCF), has declared a dividend distribution for September 8, 2024. According to information available from the Pakistan Stock Exchange (PSX), the Chi...

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Sale of Tenaga Generasi Limited Falls Through as Conditions Remain Unmet

Karachi: According to the latest update from Dawood Lawrencepur Limited, the planned sale of its subsidiary, Tenaga Generasi Limited (TGL), to Artistic Milliners (Private) Limited has been halted due to unmet conditions within the stipulated timeframe...

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MCB FUNDS Announces Daily Dividend Distribution for Alhamra Daily Dividend Fund

Islamabad: The Chief Executive Officer of MCB Investment Management Limited, managing the Alhamra Daily Dividend Fund (ALHDDF), announced a daily dividend payout on behalf of the Board of Directors. According to information available from the Pakistan...

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