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MCB Announces Daily Dividend Payout for Alhamra Daily Dividend Fund

Karachi, MCB Investment Management Limited, the management company for the Alhamra Daily Dividend Fund (ALHDDF), has declared a daily dividend distribution. The Chief Executive Officer, on behalf of the Board of Directors, approved a dividend of Re. 0.0534 per unit. This dividend will be paid to unit holders who are registered in the unit holder register as of the close of business on April 20, 2024.

This move reflects the company’s ongoing commitment to providing regular returns to its investors.

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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

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