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Indus Motor Company Ltd. Achieves Remarkable Financial Performance

May 7, 2024 Business & Finance News

Karachi, Indus Motor Company Ltd. reported an impressive current rate of Rs. 1,619.38 and declared a substantial 937.50% distribution for 2024, following 718% in 2023 and 717% (III) in 2022. The company, listed since 1992, recorded a turnover of 1,559...

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International Steels Ltd Continues Strong Performance with Dividends

May 7, 2024 Business & Finance News

Karachi, International Steels Ltd. NC, which began trading on the Pakistan Stock Exchange in 2011, announced dividends of 25% for the year 2024. With a paid-up capital of Rs. 39,355,561 million, the company reported an EPS of Rs. 8.09 for the January ...

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Oil & Gas Development Company Limited to Close Transfer Books

May 7, 2024 Board Meetings

Karachi, Oil & Gas Development Company Limited has announced the closure of its transfer books from May 10, 2024, to May 13, 2024. Shares will be traded ex-price beginning May 8, 2024. The company has not disclosed any dividend, bonus, or ...

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Habib Rice Producers Announce Dividend Increase

May 7, 2024 Business & Finance News

Karachi, Habib Rice Producers, a prominent player in Pakistan's sugar and allied industries, announced a substantial increase in their dividend payout for the 2024 financial period. The company has declared a distribution of 70%, up from 40% in the pr...

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Sui Southern Gas Announces Rescheduled Election of Directors

May 7, 2024 Business & Finance News

Karachi, Sui Southern Gas Company Limited (SSGCL) has announced a rescheduled date for its Election of Directors, now set for May 4, 2024. This decision follows a granted extension by the Corporate Regulatory Officer at the Securities & Exchange Commi...

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RMS (Private) Limited Withdraws Intent to Acquire Major Stake in Baluchistan Wheels Limited

May 7, 2024 Business & Finance News

Karachi, RMS (Private) Limited has withdrawn its intention to acquire 63.56% of the ordinary share capital of Baluchistan Wheels Limited, as stated in the Public Announcement of Intention published on August 9, 2023. The original announcement, which a...

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Systems Limited Announces Credit of Final Cash Dividend to Shareholders

May 7, 2024 Business & Finance News

Karachi, Systems Limited has successfully credited the final cash dividend for the year ended December 1, 2023. The dividend, amounting to Rs. 6 per share, which is 60% of the share value, was electronically deposited into the designated bank accounts...

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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.

  • Hot, Humid Weather Expected Across Major Regions of the Country

    2 days ago
  • PM Urges Religious Scholars to Combat Sectarianism and Extremism Among Youth

    2 days ago
  • Initial Reports Indicate Short Circuit Caused PIMS Hospital NICU Fire: Tariq

    2 days ago
  • Dar Reiterates Pakistan’s Commitment to Commonwealth

    2 days ago
  • Pak Army Organizes Free Medical Camp in Rawalakot Amid Protests

    2 days ago

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