Business & Finance News

Karachi, Syed Mumtaz Ali Shah has resigned from his position as an Independent Director at JS Bank Limited, effective June 14, 2024. The bank announced that the process to fill this casual vacancy would be subject to the prior approval of the State Ba...

Karachi, Atlas Liquid Fund (ALF) has declared a daily dividend distribution for June 25, 2024, as confirmed by the management company and investment committee with authorization from the Board of Directors. The payout per unit is set at Rs. 0.2864, wh...

Karachi, In a significant financial move within Unity Foods Limited, Abdul Majeed Ghaziani, a non-executive director, and his spouse Salma Majeed sold millions of shares on June 24, 2024. According to information available from the Pakistan Stock Exch...

Karachi, An undisclosed entity has reported acquiring over 10% of the voting shares of Bawany Air Products Limited, totaling 766,976 shares, representing a 10.22% holding in the company. This acquisition places the entity as a significant shareholder,...

Karachi, At an Extraordinary General Meeting held on June 26, 2024, shareholders of Engro Corporation Limited approved a significant restructuring plan, involving its subsidiary, DH Corporation Limited. This strategic move, prepared under sections 279...

Karachi, Lakson Investments Limited, managing the Lakson Islamic Tactical Fund, has announced a significant interim distribution, as per the approval by the Chief Executive Officer and the Board of Directors. This financial decision covers the period ...

Karachi, Treet Corporation Limited has successfully incorporated a wholly owned subsidiary, Treet Trading LLC, in the United Arab Emirates, marking a significant expansion of its international operations. The new subsidiary, established with the Depar...