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Shaheen Insurance Company Limited Announces Book Closure

April 4, 2024 Board Meetings

Karachi, Shaheen Insurance Company Limited has announced the closure of its transfer books from April 9, 2024, to April 22, 2024. The closure is scheduled for the purpose of determining the eligibility of shareholders for dividend distribution. The bo...

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Systems Limited Announces Corporate Event Schedule

April 4, 2024 Board Meetings

Lahore, Systems Limited has communicated to the Pakistan Stock Exchange (PSE) its plan for an upcoming corporate event scheduled for April 19, 2024, at 11:00 am. The event follows the closure of transfer books beginning April 3, 2024, until the date o...

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IBL Modaraba Reports First Quarter 2024 Earnings

April 4, 2024 Business & Finance News

Karachi, IBL Modaraba 1st NC, operating under the symbol FIBLM at the Pakistan Stock Exchange, announced its financial results for the quarter ended March 2024. The modaraba reported an EPS of Rs. 3 for the period. With a paid-up capital of Rs. 216.88...

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UBL Stock Advantage Fund Offers 4.42% Distribution in 2023

April 4, 2024 Business & Finance News

Karachi, The UBL Stock Advantage Fund, since its inception in 2006, declared a 4.42% distribution for the year ending June 2023, down from 5.50% the previous year. The fund's offer and redemption prices were noted at Rs 98.68 and Rs 95.97, indicating ...

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IGI Holdings Marks High Dividend Payout and Strong EPS

April 4, 2024 Business & Finance News

Karachi, IGI Holdings Ltd. (IGIHL), known for its significant presence in the insurance sector, has announced a 60% dividend for the year, up from 42.50% in the previous period. The company reported a robust earnings per share (EPS) of Rs. 105 for Jan...

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Engro Powergen Qadirpur Ltd. Posts Strong Financial Results

April 4, 2024 Business & Finance News

Karachi, Engro Powergen Qadirpur Ltd. (EPQL), a key player in the power generation sector, reported a robust EPS of 26.91 for the first quarter of 2024. The company's financial distributions showed a payout of 80% in 2022, followed by a 50% distributi...

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NBP Riba Free Savings Fund Declares 5.77% Distribution for 2022, Announces Distribution for 2023

April 4, 2024 Business & Finance News

Karachi, The NBP Riba Free Savings Fund announced a 5.77% distribution for the year ending June 2022, along with a specific distribution of Rs 0.5334 per unit for 2023. The fund, which came into existence in 2010, with an offer price of 12.02 and a re...

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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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