Business & Finance News

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...

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...