Lahore: Allied Bank has announced a rescheduling of its Board of Directors meeting initially set for July 02, 2024. The new date for the meeting, which will focus on non-financial matters, is now slated for July 10, 2024. The meeting was originally ...
Read More »Kohat Textile Mills Boosts Solar Capacity with New 3 MW Installation
Karachi: Kohat Textile Mills Limited has entered into a contract with SkyElectric (Pvt.) Limited for the supply and installation of a 3 megawatt (MW) solar power system, enhancing its existing solar capacity to a total of 5.1 MW. This significant expa...
Read More »EFU General Insurance Buys Shares in EFU Life Assurance
Karachi: EFU General Insurance Ltd., a substantial shareholder in EFU Life Assurance Limited, purchased 5,200 shares on June 27, 2024, at a rate of Rs. 200.28 per share. This transaction was conducted through the Central Depository Company (CDC) on th...
Read More »Wilmar Pakistan Holdings and Partners Acquire 23.20% Stake in Unity Foods Limited
Karachi: Wilmar Pakistan Holdings Pte. Ltd., in collaboration with Unity Wilmar Agro (Private) Limited, Mr. Muhammad Farrukh, and Ms. Fehmida Amin, successfully completed a public offer to acquire a 23.20% stake in Unity Foods Limited. The acquisition...
Read More »Pakistan Hotels Developers Limited Completes Major Transaction with SIUT Trust
Karachi: The sale of Regent Plaza Hotel by Pakistan Hotels Developers Limited ("the Company") to SIUT Trust has progressed significantly, with all necessary approvals obtained and a majority of the payment completed. The title transfer of the property...
Read More »ABL-Funds Announces Interim Cash Dividend Credit for Shareholders
Karachi: ABL-Funds has officially credited an interim cash dividend for its shareholders today, marking a key financial disbursement for the fiscal year ending June 28, 2024. The dividend, amounting to Rs. 0.0379 per share, which translates to 0.3790%...
Read More »Minister Ahsan Iqbal Advocates for Strategic Collaboration to Boost Pakistan’s Economy
Islamabad: Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, has called for unified efforts to enhance exports, increase agricultural yields, develop industrial clusters, and tackle structural issues to propel Pakistan's econom...
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