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Lakson Investments Announces Substantial Interim Distribution for Lakson Tactical Fund

June 26, 2024 Business & Finance News

Karachi, Lakson Investments Limited has authorized a noteworthy interim distribution for its Lakson Tactical Fund, as declared by the Chief Executive Officer with the backing of the Board of Directors. This announcement pertains to the performance per...

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Treet Corporation Limited Establishes New Subsidiary in UAE

June 26, 2024 Business & Finance News

Karachi, Treet Corporation Limited has successfully incorporated a wholly owned subsidiary, Treet Trading LLC, in the United Arab Emirates, marking a significant expansion of its international operations. The new subsidiary, established with the Depar...

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Major Stake Acquired in Bawany Air Products Limited

June 26, 2024 Business & Finance News

Karachi, An undisclosed entity has reported acquiring over 10% of the voting shares of Bawany Air Products Limited, totaling 766,976 shares, representing a 10.22% holding in the company. This acquisition places the entity as a significant shareholder,...

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Senior Management at Agha Steel Industries Executes Large Share Sale

June 26, 2024 Business & Finance News

Karachi, In recent transactions documented by Agha Steel Industries Limited, a senior management member, Ahmed Ateeq, sold a substantial number of shares on two consecutive days. According to information available from the Pakistan Stock Exchange (PSX...

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Pakistan General Insurance Co. Reports Partial Subscription of Right Shares

June 26, 2024 Business & Finance News

Karachi, In a recent development involving Pakistan General Insurance Co. Limited, the company announced that it has received substantial but incomplete subscription payments for its latest issue of right shares. According to information available fro...

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Syed Mumtaz Ali Shah Resigns as Director of JS Bank Limited

June 26, 2024 Business & Finance News

Karachi, Syed Mumtaz Ali Shah has resigned from his position as an Independent Director at JS Bank Limited, effective June 14, 2024. The bank announced that the process to fill this casual vacancy would be subject to the prior approval of the State Ba...

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Faysal Asset Management Announces Interim Payouts for Shariah-Compliant Funds

June 26, 2024 Business & Finance News

Karachi, Faysal Asset Management Limited has declared interim payouts for two of its Shariah-compliant funds for the fiscal year ending June 30, 2024. The payouts were approved by the Chief Executive Officer under the authority delegated by the Board....

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • NDMA Issues Nationwide Flood Alert Amid Rising River Levels

    2 days ago
  • PM Welcomes Board of Peace’s Progress on Disarmament

    2 days ago
  • Dar Welcomes Removal of Pakistan from War Risk Insurance List

    2 days ago
  • Government Commits to Nationwide High-Speed Internet Expansion

    2 days ago
  • Ali Pervaiz, Azerbaijani Envoy Discuss Expanding Energy Cooperation

    2 days ago

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