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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Karachi, RMS (Private) Limited has withdrawn its intention to acquire 63.56% of the ordinary share capital of Baluchistan Wheels Limited, as stated in the Public Announcement of Intention published on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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Dawood Lawrencepur Limited Announces Details for 74th Annual General Meeting

May 7, 2024 Business & Finance News

Karachi, Dawood Lawrencepur Limited has scheduled its 74th Annual General Meeting (AGM) for May 29, 2024, to be held via video link. The meeting will focus on reviewing the audited financial statements for the year ended December 31, 2023, reappointin...

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Citi Pharma Limited Announces Joint Venture with Hangzhou Newsea Technology to Expand API Production

May 7, 2024 Business & Finance News

Karachi, Citi Pharma Limited has entered into a joint venture with Hangzhou Newsea Technology Co., Ltd., to enhance its production of Active Pharmaceutical Ingredients (APIs). The new entity, ETACI LIMITED, aims to manufacture 30 additional APIs, augm...

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Baluchistan Glass Ltd. Reports Decline in Earnings Amidst Stagnant Market Conditions

May 7, 2024 Business & Finance News

Karachi, Baluchistan Glass Ltd. (BGL), a longtime player in Pakistan’s glass industry, has reported a decline in earnings per share (EPS), marking a challenging period for the company. The EPS for the January to April 2024 period registered at a loss ...

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Zahidjee Textile Mills Limited Steadies Its Financial Footing with Consistent Distributions

May 7, 2024 Business & Finance News

Karachi, Zahidjee Textile Mills Limited, symbolized as ZTM on the PSE, reported an EPS of Rs. 6.34 for the first four months of 2024. The stock price today is Rs. 141.07, with a declared 10% distribution for this and the upcoming year. Listed since 19...

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Service Industries Limited Approves Comprehensive Restructuring Plan

May 7, 2024 Business & Finance News

Lahore, In a significant move, shareholders of Service Industries Limited convened in an Extraordinary General Meeting (EGM) on May 6, 2024, where they passed a special resolution endorsing a major restructuring scheme. The resolution facilitates a sc...

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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.

  • Death Anniversary of Yousaf Khan Observed

    2 days ago
  • Over 2.2 Million Registered Under Fuel Relief Scheme: Tarar

    2 days ago
  • President, PM Laud Security Forces for Killing 8 Khwarij in Hangu

    2 days ago
  • Government Initiates Transition to Competitive Electricity Market: Awais

    2 days ago
  • Over 17,000 Pilgrims Secure Hajj Bookings via Pak Hajj App

    2 days ago

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