Business & Finance News

Karachi, The Meezan Strategic Allocation Fund II - Meezan Capital Pre Plan-VII disclosed a year-end distribution of Rs. 0 per unit for 2022. Investors will find the redemption price to be Rs. 63.75 per unit. Listed in June 2019, the fund has continued...

Karachi, Tri-Star Modaraba 1st. NC declared a 40% distribution despite facing undisclosed challenges. The shares, trading at Rs. 8.18, saw a limited turnover of 170,000. The company has been listed since 1990 and continues to navigate through its fina...

Karachi, Ittehad Chemicals Ltd. has declared an 18.06% bonus dividend for the year ending April 2024. The company's share price is Rs. 39.98. Ittehad Chemicals Ltd., established in 2003, has a paid-up capital of Rs. 121.20 million. The company also an...

Karachi, Sui Southern Gas Company Limited (SSGCL) has announced a rescheduled date for its Election of Directors, now set for May 4, 2024. This decision follows a granted extension by the Corporate Regulatory Officer at the Securities & Exchange Commi...

Karachi, Ashfaq Textile Mills Ltd. has declared a 10% dividend for the fiscal year despite facing a downturn, reporting an earnings per share (EPS) of negative Rs. 1.72 for the period from January to April 2024. The company, which listed on the Pakist...

Karachi, WorldCall Telecom Ltd. (WCTL), under the symbol WCTL NC, reported a negative EPS of Rs. (0.31)* for the current fiscal year. The company, which has not announced any dividends, experienced a drop in its stock value, with a daily weighted aver...

Lahore, In a significant move, shareholders of Service Industries Limited convened in an Extraordinary General Meeting (EGM) on May 6, 2024, where they passed a special resolution endorsing a major restructuring scheme. The resolution facilitates a sc...