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Kohinoor Energy Limited Executive Purchases Shares: Compliance Details Announced

March 29, 2024 Business & Finance News

Islamabad, Kohinoor Energy Limited has disclosed a significant share purchase by one of its directors to the Pakistan Stock Exchange (PSE), adhering to the regulatory requirements outlined in the PSX Regulations, particularly under clause 5.6.I.(d). ...

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IGI Holdings Announces Share Acquisition in Packages Limited at Extraordinary General Meeting

March 29, 2024 Business & Finance News

Karachi, IGI Holdings has officially announced the acquisition of a 6.04% stake in Packages Limited following the resolutions passed at the Extraordinary General Meeting (EGM) on March 29, 2024. The meeting took place at the Auditorium of The Institut...

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Resignation of Director at Hinopak Motors Limited

March 29, 2024 Business & Finance News

Karachi, Hinopak Motors Limited has announced the resignation of Mr. Akira Uchida from its Board of Directors, effective March 31, 2024. The company communicated the departure through a notice to the Pakistan Stock Exchange, underscoring the departure...

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Mughal Iron & Steel Industries Limited Rolls Out 5-Year Sukuk for Expansion

March 29, 2024 Business & Finance News

Karachi, Mughal Iron & Steel Industries Limited has introduced a 5-Year Sukuk, MUGHALSC, to support its expansion and growth initiatives. With an issuance size of Rs. 3 billion and a face value of Rs. 1 million per unit, this Sukuk is set for ...

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S.G. Power Ltd. Reports Negative Earnings Amid No Distributions

March 29, 2024 Business & Finance News

Faisalabad, S.G. Power Ltd. (SGPL), listed in 1995, has reported a challenging financial performance for the period, with an earnings per share of -Rs. 0.16. The company did not announce any distributions, indicating a period of financial strain. With...

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Thal Industries Corporation. Declares Significant Dividend Amid High EPS

March 29, 2024 Business & Finance News

Karachi, Thal Industries Corporation., listed as TICL on the Pakistan Stock Exchange, has announced a substantial dividend of 50% alongside a 35%R, following an impressive earnings per share (EPS) of 130.87 for the period of January to February 2024. ...

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K-Electric Limited Sets May 2024 Coupon Date for 7-Year Sukuk

March 29, 2024 Business & Finance News

Karachi, K-Electric Limited has successfully launched a 7-Year Sukuk, designated as KELSC5, with a 3M KIBOR + 1.7% profit rate. This issuance, featuring a market lot of 1 and a face value of Rs. 5,000, aims to support the company’s financial structuri...

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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.

  • Mainly Hot, Humid Weather Expected Across the Country

    2 days ago
  • Pakistan Seeks Strategic Economic Partnership with KSA: PM

    2 days ago
  • Pakistan Railways, KP Govt Sign Framework Agreement on Railway Projects

    2 days ago
  • Aurangzeb Reaffirms Govt’s Focus on Economic Reforms

    2 days ago
  • UNICEF Commends Pakistan Customs for Humanitarian Efforts

    2 days ago

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