Business & Finance News

Substantial Shareholder Executes Buy Transaction of Ibrahim Fibres Shares

Islamabad: A significant transaction involving the shares of Ibrahim Fibres Limited was executed by M/s. Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder and sponsor of the company, on August 5, 2024.

The transaction details revealed the purc...

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Bawany Air Products Limited Continues Board Meeting on Non-Financial Matters

Karachi: The Board of Directors of Bawany Air Products Limited is currently in session as of August 5, 2024, to deliberate on various non-financial issues. The meeting, initially scheduled for today in Karachi, has extended beyond its planned duration...

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Gadoon Textile Mills Reports Year-End Financial Results with No New Dividends or Shares Issued

Karachi: Gadoon Textile Mills Limited disclosed its financial outcomes for the fiscal year ended June 30, 2024, during the Board of Directors meeting on August 6, 2024, at Muhammad Ali Society, Karachi. The company reported no new cash dividends or is...

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Cordoba Logistics and Ventures Limited Schedules Extraordinary General Meeting to Amend Loan Agreement

Lahore: Cordoba Logistics and Ventures Limited has announced that it will convene an Extraordinary General Meeting (EOGM) on August 27, 2024, at the Pakistan Stock Exchange Limited in Lahore, with provisions for virtual participation via video link. T...

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Significant Hydrocarbon Discovery at Razgir-1 Well by Pakistan Oilfields Limited

Islamabad: Significant hydrocarbon reserves have been identified at the Razgir-1 well in the Kawagarh formation, as confirmed by Pakistan Oilfields Limited. This follows previous reports of potential hydrocarbon presence announced on July 29, 2024.

...

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Jubilee Life Insurance to Temporarily Halt Operations Amid System Upgrade

Karachi: Jubilee Life Insurance Company Limited announced it will undergo a significant system upgrade starting from August 9, 2024, which is expected to last until August 18, 2024. During this time, the company's services for individual customers, in...

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Jahangir Siddiqui Consolidates Shareholdings in His Company Through Recent Purchases

Karachi: Jahangir Siddiqui has increased his ownership stake in Jahangir Siddiqui and Co. Ltd. through the recent acquisition of additional Class 'A' Preference Shares, strengthening his position within the company's structure.

The recent transactio...

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