Business & Finance News

Karachi: Bilal Fibres Limited has disclosed ongoing difficulties that prevent the resumption of its operations, as shared in its quarterly progress report for the March 2024 quarter, submitted in compliance with Pakistan Stock Exchange (PSX) Regulatio...

Karachi: Pakistan: MCB Investment Management Limited, the management company of the Alhamra Daily Dividend Fund (ALHDDF), announced a dividend distribution for its investors. The announcement was made on behalf of the Board of Directors by the Chief E...

Karachi: The interim cash dividend for the fiscal year ending June 28, 2024, was credited electronically into the designated bank accounts of the shareholders of ABL-FUNDS ABL SSP - Plan II on July 1, 2024. According to information available from the ...

Karachi: Wilmar Pakistan Holdings Pte. Ltd., in collaboration with Unity Wilmar Agro (Private) Limited, Mr. Muhammad Farrukh, and Ms. Fehmida Amin, successfully completed a public offer to acquire a 23.20% stake in Unity Foods Limited. The acquisition...

Lahore: The Board of Directors of Punjab Modaraba Services, the management company for First Punjab Modaraba, has released its unaudited financial statements for the period ending March 31, 2024. The report highlights a notable improvement in performa...

Karachi: The interim cash dividend for ABL-Funds has been successfully credited electronically to the shareholders' designated bank accounts, the company announced today. This follows a dividend declaration of Rs. 0.0411 per share, which is equivalent...

Karachi: EFU General Insurance Ltd., a substantial shareholder in EFU Life Assurance Limited, purchased 5,200 shares on June 27, 2024, at a rate of Rs. 200.28 per share. This transaction was conducted through the Central Depository Company (CDC) on th...