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Azgard Nine Limited Settles Outstanding Preference Shares

July 1, 2024 Business & Finance News

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...

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JS Investments Limited Announces Rs. 3.00 per Unit Interim Cash Distribution for JS Growth Fund

July 1, 2024 Business & Finance News

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...

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Faysal Asset Management Announces Interim Payouts for Various Funds

July 1, 2024 Business & Finance News

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 ...

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Board of Directors Meeting at Allied Bank Postponed to July 10

July 1, 2024 Business & Finance News

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 ...

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Kohat Textile Mills Boosts Solar Capacity with New 3 MW Installation

July 1, 2024 Business & Finance News

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...

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EFU General Insurance Buys Shares in EFU Life Assurance

July 1, 2024 Business & Finance News

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...

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Wilmar Pakistan Holdings and Partners Acquire 23.20% Stake in Unity Foods Limited

July 1, 2024 Business & Finance News

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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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.

  • Mainly Hot and Humid Conditions to Persist in Plain Areas

    2 days ago
  • Pakistan and UK Agree on Structured Dialogue Mechanism to Strengthen Bilateral Ties

    2 days ago
  • AJK Assembly to Elect Leader of House Tomorrow

    2 days ago
  • PM Lauds KSA’s Pivotal Role in Promoting Regional Peace

    2 days ago
  • Punjab CM Visits China’s Leading Dairy Enterprise in Xinjiang

    2 days ago

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