Business & Finance News

Lahore: In a significant corporate development, the Lahore High Court has sanctioned the Scheme of Arrangement and Reconstruction, permitting the merger of MetaTech Trading Limited into Big Bird Foods Limited. The court's decision, issued on June 26, ...

Karachi: The shareholders of ABL-Funds received a significant boost as the company credited an interim cash dividend of Rs. 46.9459 per share, which represents 469.45%, into their designated bank accounts on July 1, 2024. The distribution marks a su...

Lahore: Pakistan General Insurance Company Limited (PKGI) has successfully received the full amount for its right shares subscription, totaling Rs. 35,985,500, and is now requesting the issuance of a No Objection Certificate (NOC) for transferring the...

Rawalpindi: The board of directors of Bannu Woollen Mills Limited is scheduled to meet on Tuesday, July 09, 2024, in Rawalpindi to discuss and approve the annual budget for the fiscal year ending June 30, 2025. In preparation for this pivotal meeting,...

Karachi: Exide Pakistan Limited, in its Board of Directors meeting held on June 29, 2024, at the Registered Office and through Zoom, declared a significant final cash dividend of Rs. 10 per share for the fiscal year ended March 31, 2024. This translat...

Lahore: Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder and sponsor of Ibrahim Fibres Limited, has recently increased its stake in the company with a significant share purchase. On June 28, 2024, the company acquired 50,000 shares in two separ...

Karachi: Interim payouts for the fiscal year ending June 30, 2024, have been announced by Faysal Asset Management Limited. According to the CEO, authorized by the board, distributions will be made to unitholders registered by the close of business on ...