Karachi, LSE Ventures Limited has announced its request for expressions of interest from the big four auditing firms to determine the swap ratio for its merger with Digital Custodian Company Limited. According to an advertisement released by the compa...
Read More »J.K. Spinning Mills Ltd. Reports 20% Dividend
Karachi, J.K. Spinning Mills Ltd. has reported a 20% dividend for the year ending 2023. The company’s daily weighted average rate stood at Rs. 52.41, with the highest rate recorded at Rs. 52.41 and the lowest at Rs. 52.41. The total turnover for the y...
Read More »Pakistan Stock Exchange Welcomes International Packaging Films Limited with Oversubscribed IPO
Karachi, Arif Habib Limited announced the successful completion of the Initial Public Offering (IPO) for International Packaging Films Limited (IPAK), approved by the Pakistan Stock Exchange (PSE) on March 13, 2024. The IPO strike price was set at PKR...
Read More »Telecard Limited Details Its 6-Year TFC
Karachi, Telecard Limited has provided information on its 6-year term finance certificate, TELETFC, with a face value of Rs. 5,000 and an unusual profit rate of 3M KIBOR + 0%. Initially issued at Rs. 2.4 billion, the outstanding principal is now zero....
Read More »Altern Energy Ltd. Reports Loss Despite High Turnover
Karachi, Altern Energy Ltd. (AEL), a company specializing in power generation and distribution, faced a challenging financial year despite significant trading volumes on the Pakistan Stock Exchange. The company's share price today stood at Rs. 23.78, ...
Read More »Bolan Castings Ltd. Announces Stock Details
Karachi, Bolan Castings Ltd. reported a daily weighted average rate of Rs. 163.90 on the Pakistan Stock Exchange, with a turnover of 8,073,500 shares. The company has not declared any distributions for the year ending 2024. Its paid-up capital is Rs. ...
Read More »Meezan Pakistan ETF Reports Growth in Net Assets and NAV for April 2024
Karachi, Meezan Pakistan Exchange Traded Fund (MP-ETF), listed on the Pakistan Stock Exchange (PSX), witnessed a notable increase in its net assets and Net Asset Value (NAV) during April 2024. The fund's net assets increased to Rs. 0.08 billion from R...
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