Karachi, Announcing offer and redemption prices at Rs. 109.64 and Rs. 107.45, the Askari Equity Fund continues to offer equity investment opportunities. Listed since 2012, the fund aims for June distributions, focusing on leveraging equity market move...
Read More »Hum Network Ltd Announces Dividend and Bonus Shares Amidst Share Fluctuations
Karachi, Hum Network Ltd has declared a 35% cash dividend alongside a 20% bonus share distribution for its shareholders. The media company, listed in 2005, saw its shares fluctuate between a high of 7.29 RS and a low of 6 RS, culminating in a turnover...
Read More »Hoechst Pakistan Ltd Announces Substantial Dividend Despite Market Fluctuations
Karachi, Hoechst Pakistan Ltd has announced a significant dividend of 300% to its shareholders, according to recent filings with the Pakistan Stock Exchange. The pharmaceutical company’s shares experienced a range between 1422 RS and 1200 RS, with a m...
Read More »United Bank Limited Introduces Perpetual Tier-I TFC with Competitive KIBOR Plus Rate
Karachi, United Bank Limited has issued a perpetual Tier-I Term Finance Certificate, UBLTFC5, featuring a profit rate based on 3M KIBOR +1.55%. With an issue size of Rs. 10,000,000,000, the bank has maintained the full amount outstanding to support it...
Read More »Khairpur Sugar Mills Reports No Distribution with Low EPS
Karachi, Khairpur Sugar Mills Ltd. announced no distribution for the fiscal year ending September 2022, reflecting challenges in the sugar industry. The company, with a paid-up capital of Rs. 160.18 million, reported a low EPS of Rs. 1.08 for January ...
Read More »NBP Islamic Mahana Amdani Fund: A Choice for Monthly Income
Karachi, The NBP Islamic Mahana Amdani Fund, offering an option for investors to earn monthly income compliant with Islamic laws, has set its offer and redemption prices at 11.66 and 11.53, respectively. Launched in 2019, the fund seeks to provide a r...
Read More »Asia Insurance Co. Ltd. Faces Challenges with Negative EPS
Karachi, Asia Insurance Co. Ltd. reported a nil distribution for the fiscal year ending December 2022. The company, which has a paid-up capital of Rs. 730.08 million, recorded a negative EPS of Rs. (1.01) for January to February 2024. With no high or ...
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