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Colony Textile Mills Reflects Modest Performance with No Dividend

April 9, 2024 Business & Finance News

Karachi, Colony Textile Mills Ltd (CTM), which came into the market in 2014, has announced no dividend for the years 2022, 2023, and 2024. The company's financial statements show a daily weighted average rate of Rs. 2.74 with a significant paid-up cap...

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Bestway Cement Ltd. Announces High Dividend Payouts After Profit Surge

April 9, 2024 Business & Finance News

Karachi, Bestway Cement Ltd. (BWCL) has revealed significant dividend payouts following a robust performance this fiscal year. The stock price closed at Rs. 220.40 with a daily weighted average of Rs. 219.01. Bestway Cement announced dividends of 120%...

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HBL Islamic Financial Planning Fund Variants Report Zero Prices and No Distributions

April 9, 2024 Business & Finance News

Karachi, The HBL Islamic Financial Planning Fund and its three plans—Active Allocation, Conservative Allocation, and Strategic Allocation—reported zero prices for June 2024. All funds, listed in 2017, declared no distributions.

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Pak Oman Islamic Asset Allocation Fund Posts Prices and Distribution Update

April 9, 2024 Business & Finance News

Karachi, Listed on June 30, 2021, the Pak Oman Islamic Asset Allocation Fund reported June 2024 prices at PKR 43.83 (offer) and PKR 42.62 (redemption). The fund announced a 2.30% distribution rate for the previous year, with no update for 2023.

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Merit Packaging Ltd. to Close Transfer Books on May 6

April 9, 2024 Board Meetings

Karachi, Merit Packaging Ltd. has scheduled the closure of its transfer books on May 6, 2024, at 3:00 PM. The notice to the Pakistan Stock Exchange did not elaborate on the purpose of this closure.

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Habib Insurance Co. Ltd. to Close Transfer Books Twice in April

April 9, 2024 Board Meetings

Karachi, Habib Insurance Co. Ltd. will be closing its transfer books on two occasions this month, first on April 9, 2024, and again on April 25, 2024, at 11:00 am. The company has not provided further details regarding these closures.

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Arif Habib Corporation Announces Dividend Payout

April 9, 2024 Business & Finance News

Karachi, Arif Habib Corporation Limited (AHCL), a notable entity on the Pakistan Stock Exchange, disclosed a dividend rate of 40% for its shareholders, maintaining a market price of Rs. 38.65 and a daily weighted average rate of Rs. 38.68. With a paid...

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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 Conditions Persist; Rain Forecasted for Upper Regions

    2 days ago
  • PM Directs Timely Completion of All Daanish Schools

    2 days ago
  • Government Committed to Empowering Youth with Equal Opportunities: PM

    2 days ago
  • PM Office System is Proving Successful: Ahad

    2 days ago
  • President and PM Praise Security Forces for Successful Operations in KP and Balochistan

    2 days ago

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