Business & Finance News

Karachi: Bestway Cement Limited, a substantial shareholder in United Bank Limited, has executed multiple share purchases over the last week of June 2024, significantly increasing its stake in the bank. According to transaction details released to the ...

Karachi: Shareholders of ABL-Funds experienced a significant boost to their investments as the company announced an interim cash dividend of Rs. 32.612 per share, equivalent to 326.120%, on July 1, 2024. This substantial dividend payout, timed at the ...

Lahore: First Punjab Modaraba has announced the closure of its Certificate Transfer Books from July 12, 2024, to July 22, 2024, for the purpose of conducting its Annual Review Meeting via video link. The meeting, aimed at reviewing the financial perfo...

Karachi: Kohat Textile Mills Limited has entered into a contract with SkyElectric (Pvt.) Limited for the supply and installation of a 3 megawatt (MW) solar power system, enhancing its existing solar capacity to a total of 5.1 MW. This significant expa...

Karachi: The interim cash dividend for ABL-FUNDS ABL SSP - Plan IV shareholders has been electronically credited. According to a notification, the dividend, amounting to Rs. 0.0372 per share, which totals Rs. 0.372056, was deposited into the designate...

Karachi: The Chief Executive Officer of UBL Fund Managers Limited, authorized by the Board of Directors, has declared interim dividends for several funds as of June 28, 2024. This distribution spans various sectors and asset classes, reflecting the di...

Islamabad: In continuation of the correspondence dated June 28, 2024, Ghani Chemical Industries Limited has announced the appointment of Mr. Muhammad Hanif as the Non-Executive Director of the Company. This decision follows the need to fill a casual v...