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International Knitwear Ltd Ends With No Distribution, Share Rate at PKR 16.00

Karachi: Shares of International Knitwear Ltd (INKL) stood at PKR 16.00 without a daily weighted average rate disclosed. The company’s paid-up capital is recorded at PKR 96.75 million, with a declared 10% distribution for the year ending June 2023, improving from a 7.5% distribution in the previous year and no distribution prior to that. The shares, with a par value of PKR 10 and a market lot of 500, were listed on the Pakistan Stock Exchange in 1994, with a total turnover of 270,500 shares from January to October.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...