Business & Finance News

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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UNITED BANK LIMITED REPORTS SIGNIFICANT SHARE PURCHASE BY BESTWAY CEMENT

Karachi: United Bank Limited disclosed that Bestway Cement Limited, a substantial shareholder, has purchased 1,567 shares at a rate of Rs. 251.60 per share on September 2, 2024, through the Central Depository Company (CDC) in the ready market.

Accor...

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Shabbir Tiles and Ceramics Ltd. Reports Significant Financial Growth for FY2024

Karachi: Shabbir Tiles and Ceramics Ltd. has announced a robust financial performance for the fiscal year ending June 30, 2024, with a significant increase in both turnover and net profits, according to a recent board meeting held on September 6, 2024...

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KOT ADDU POWER COMPANY TO AMEND ARTICLES AT EXTRAORDINARY GENERAL MEETING

Islamabad: Kot Addu Power Company Limited has scheduled its 12th Extraordinary General Meeting (EGM) for October 2, 2024, which will be held in Islamabad and available via video-link. The meeting is set to focus on significant amendments to the compan...

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