Business & Finance News

Karachi, In a strategic move to diversify its business, Hub Power Company Limited has announced its entry into the electric vehicle (EV) sector in Pakistan. This venture will be carried out through Hub Power Holdings Limited, its wholly owned subsidia...

Karachi, Al Meezan Investment Management Limited has declared an interim distribution of Rs. 1.00 per unit for the Meezan Pakistan Exchange Traded Fund (MZNPETF), equating to 10% of the par value of Rs. 10 per unit. This decision was taken by the Acti...

Karachi, Alfalah Asset Management Limited has declared an interim distribution for the Alfalah Consumer Index Exchange Traded Fund (ACIETF), as authorized by the company's Chief Executive Officer and the Board of Directors. The distribution amounts to...

Karachi, Al Meezan Investment Management Limited has announced that it will consider interim distributions for twelve of its funds on June 28, 2024, pending suitability assessments. The distributions, if approved, will be based on the funds' performan...

Karachi, Exide Pakistan Limited has scheduled a Board of Directors meeting for June 29, 2024, at the company's registered office in Karachi. This announcement comes alongside the declaration of a "Close Period" starting from June 23, 2024, to the date...

Karachi, Bunnys Limited has announced a change in its executive team. Mr. Muhammad Shafique FCA has resigned from the position of Chief Financial Officer (CFO). He will be succeeded by Mr. Muhammad Zubair FCA, effective from June. According to infor...

Nankana Sahib, A crucial meeting of the Board of Directors of the Company is set to occur on June 28 at Nankana Sahib, focusing on potential amendments to the memorandum of association, specifically targeting a change or insertion of a new principal l...