Washington DC, Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb, met with Mr. Brent Neiman, Deputy Under Secretary for International Finance at the U.S. Department of Treasury, on the sidelines of the IMF/World Bank Spring meetings in ...
Read More »Lakson Income Fund Declares Distribution Decrease in 2023
Karachi, Lakson Income Fund, with an offer price of Rs 115.13 and a redemption price of Rs 113.2, has distributed Rs 7.4452 per unit for the year ending in June, a decline from Rs 5.0027 per unit in the previous year. The fund, established in 2009, ha...
Read More »MCB DCF Income Fund Reduces Distributions in 2023
Karachi, The MCB DCF Income Fund, with an offer price of Rs 118.18 and a redemption price of Rs 116.22, declared distributions of Rs 6.50 per unit for the year, down from Rs 4.8783 per unit previously. This fund has been listed since 2007.
Read More »PICIC Insurance Limited to Review Quarterly Accounts in Upcoming Board Meeting
Karachi, PICIC Insurance Limited has scheduled a Board of Directors meeting for April 26, 2024, to review the company's quarterly accounts for the period ending March 31, 2024. The meeting will take place in Karachi. In compliance with Clause 5.6.1(...
Read More »Shell Pakistan Ltd. Announces Modest Dividend Increase
Karachi, Shell (Pakistan) Ltd. (SHEL) has announced an increase in dividends to 30% and 50%, reflecting steady performance. Today's stock closed at Rs. 151.83, marginally higher than its daily average of Rs. 152.33. The company reported a turnover of ...
Read More »Khairpur Sugar Mills Limited to Close Transfer Books Today
Karachi, Khairpur Sugar Mills Limited has announced the closure of its transfer books today, April 23, 2024, at 2:30 PM. The company, listed on the Pakistan Stock Exchange, is undergoing this routine closure to update and maintain its shareholder regi...
Read More »Systems Limited Announces Book Closure for Dividend Issuance
Karachi, Systems Limited has announced the closure of its transfer books from April 3, 2024, to April 19, 2024, for the issuance of dividends. The company has scheduled a meeting on April 19, 2024, at 11:00 AM to discuss the dividends.
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