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Interloop Limited Approves Ambitious Expansion and Budget for FY 2024-25

June 26, 2024 Business & Finance News

Karachi, Interloop Limited, a prominent player in the textile industry, has announced the approval of its annual budget for Fiscal Year 2024-25, along with significant expansion plans across various segments. The decisions were finalized during the Bo...

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UBL Fund Managers Limited Approves Interim Cash Dividend for AL-Ameen Islamic Cash Plan-I

June 26, 2024 Business & Finance News

Karachi, The Chief Executive Officer of UBL Fund Managers Limited, with the authorization from the Board of Directors, has approved an interim cash dividend for AL-Ameen Islamic Cash Plan-I, a sub-fund of AL-Ameen Islamic Cash Fund. The distribution i...

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Dawood Hercules Corporation to Undergo Major Restructuring

June 26, 2024 Business & Finance News

Karachi, Dawood Hercules Corporation Limited has announced a significant corporate restructuring plan during its extraordinary general meeting held on June 26, 2024, at the Karachi School of Business and Leadership and via video link. The plan involve...

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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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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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