Karachi: Azgard Nine Limited has successfully executed payments for its outstanding and overdue preference shares, following a settlement plan approved by the preference shareholders on January 18, 2024. The settlement, which was formally communicated...
Read More »JS Investments Limited Announces Rs. 3.00 per Unit Interim Cash Distribution for JS Growth Fund
Karachi: JS Investments Limited has declared an interim cash distribution of Rs. 3.00 per unit for the JS Growth Fund, as decided by the CEO with the authority of the Board of Directors. This distribution applies to the period from July 1, 2022, to Ju...
Read More »Faysal Asset Management Announces Interim Payouts for Various Funds
Karachi: The Chief Executive Officer of Faysal Asset Management Limited, authorized by the Board, has approved an interim payout for multiple funds and plans for the fiscal year ending June 30, 2024. Eligible unitholders listed on the respective fund ...
Read More »Board of Directors Meeting at Allied Bank Postponed to July 10
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...
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