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Pakgen Power Limited Announces Book Closure Dates for Dividend Distribution

May 10, 2024 Board Meetings

Lahore, Pakgen Power Limited has declared the closure of its transfer books from May 9, 2024, to May 10, 2024. This step is part of the company's process to facilitate the distribution of dividends. The book closure will enable the company to finalize...

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Samba Bank Limited Schedules Next Coupon Payment for September 2024

May 10, 2024 Business & Finance News

Karachi, Samba Bank Limited has scheduled the next coupon payment for its privately placed debt securities on September 1, 2024. The securities, with an outstanding principal of Rs. 4,994,000,000, have a tenor of 10 years. They offer a profit rate of ...

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Telecard Limited Details Its 6-Year TFC

May 10, 2024 Business & Finance News

Karachi, Telecard Limited has provided information on its 6-year term finance certificate, TELETFC, with a face value of Rs. 5,000 and an unusual profit rate of 3M KIBOR + 0%. Initially issued at Rs. 2.4 billion, the outstanding principal is now zero....

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Habib Bank Limited Sets June 2024 for Next Coupon Date on Perpetual Debt Securities

May 10, 2024 Business & Finance News

Karachi, Habib Bank Limited has released details regarding its perpetual debt securities, which have an outstanding principal amount of Rs. 6,500,000,000. The profit rate for these securities is set at 3M KIBOR + 2.00%, with the next coupon payment du...

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Shadman Cotton Mills Ltd. Reports Minor Financial Activities

May 10, 2024 Business & Finance News

Karachi, Shadman Cotton Mills Ltd. reported an EPS of Rs. 5.31 for the January to April 2024 period. The turnover for the company stood at 9,500. There were no dividends distributed during this period. The share price ranged from Rs. 15.44 at its high...

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Idrees Textile Mills Ltd. Reports Low EPS

May 10, 2024 Business & Finance News

Karachi, Idrees Textile Mills Ltd. (ITM), listed on the Pakistan Stock Exchange since 1992, had a trading rate of Rs. 15.48 today. The company, maintaining its no-dividend policy, saw a turnover of 19,500. The EPS from January to April 2024 was record...

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K-Electric Ltd. Faces Continued Financial Challenges

May 10, 2024 Business & Finance News

Karachi, K-Electric Ltd., one of the oldest power companies listed on the Pakistan Stock Exchange since 1949, reported a difficult financial period with a current share price of just Rs. 4.74 and a daily weighted average of Rs. 6.31. The company did n...

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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.

  • Rain and Wind Thundershowers Expected Across Multiple Regions

    2 days ago
  • PM Calls for Strict Action at Every Level to Eliminate Electricity Theft

    2 days ago
  • President, Interior Minister Discuss Law and Order Situation

    2 days ago
  • President, Interior Minister Discuss Law and Order Situation

    2 days ago
  • DPM, Saudi FM Discuss on Regional, Int’l Developments

    2 days ago

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