Karachi: The Meezan Strategic Allocation Fund – II (MSAF – II) achieved significant returns in fiscal year 2024, posting a net income of Rs. 78.00 million. The fund, which focuses on strategic asset allocation between Shariah-compliant fixed income an...
Read More »Leadership Changes at Lucky Cement on Sohail Tabba and Ali Tabba Appointed as Chairman and CEO Respectively
Karachi: In a significant organizational shift announced on October 14, 2024, Lucky Cement Limited has reported a reshuffling of its top executives. Mr. Muhammad Sohail Tabba has been named as the new Chairman of the Board of Directors, and Mr. Muhamm...
Read More »Imran Haroon Reports Increased Stake in Kohinoor Power Company
Karachi: In a recent filing with the Pakistan Stock Exchange, substantial shareholder Imran Haroon disclosed an increased stake in Kohinoor Power Company Limited. On October 11, 2024, Haroon submitted the necessary documentation to the Chief Regulator...
Read More »Ghani Global Holdings Reports Strong Performance and Expansion in Glass Manufacturing
Karachi: Ghani Global Holdings has reported a profit of Rs. 145 million for the year 2024, according to its latest performance review. The company, a leader in specialized pharmaceutical glass manufacturing, attributes this success to optimal plant ca...
Read More »MCB Funds Announces Interim Dividend for Alhamra Islamic Money Market Fund
Karachi: MCB Investment Management Limited has declared an interim dividend for the Alhamra Islamic Money Market Fund (ALHIMMF), as confirmed on October 14, 2024. This distribution marks a significant update for investors seeking returns on Islamic fi...
Read More »Dandot Cement Optimizes Operations Amid Global Challenges
Karachi: Dandot Cement Company Limited has issued its Chairman's Review Report, highlighting significant strides in operational efficiency and legal compliance, as mandated under Section 192(4) of the Companies Act, 2017. The report reflects on the co...
Read More »Tri-Pack Films Limited Board Meeting Update
Karachi: Tri-Pack Films Limited, a company listed on the Pakistan Stock Exchange (PSX), held a board meeting on October 14, 2024. The session began at 03:00 p.m. in the company’s Karachi office and was also accessible via Zoom. According to informat...
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