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Pakistan Cables Limited Approves Sale of Karachi Land in Extraordinary General Meeting

March 18, 2024 Business

Karachi, Pakistan Cables Limited, in an Extraordinary General Meeting (EGM) held on March 18, 2024, has approved the sale of a significant portion of its land located in S.I.T.E., Karachi. The shareholders confirmed the minutes of the Annual General M...

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TPL Trakker Ltd Reports Slight Loss in Early 2024

March 18, 2024 Business

Karachi, TPL Trakker Ltd, operating under the symbol TPLT, reported a minimal loss per share of (0.23) for January and February 2024. The tracking company, with a paid-up capital of Rs. 1,872.63 million and listed in October 2020, had its shares trade...

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Javedan Corporation Preference Shares Hold Steady

March 18, 2024 Business

Karachi, Javedan Corp Preference (JVDCPS) remains steady with a minimal EPS of Rs. 0.51 for the current fiscal year. The preference shares, which were listed in 2012, maintain their market lot value at Rs. 10 for 500 shares. Despite a lack of signific...

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Popular Islamic Modaraba Reports Growth in Profit Distribution Rates

March 18, 2024 Business

Karachi, Popular Islamic Modaraba (PIM) has announced an increase in its profit distribution rates, going from 3.744% to 4.557%. This financial update was provided for the year closing on October 16, 2016. With a capital of Rs. 140.00 million, the com...

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Companies Seek Extensions for Overdue Annual General Meetings as Audits Conclude

March 18, 2024 Business

Islamabad, In recent developments, companies have formally requested extensions from the Securities and Exchange Commission of Pakistan (SECP) for holding their overdue Annual General Meetings (AGMs) for the fiscal years 2022 and 2023, as stipulated u...

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Philip Morris (Pakistan) Ltd. Continues to Reward Shareholders

March 18, 2024 Business

Karachi, Philip Morris (Pakistan) Ltd. (PMPK), a key player in the tobacco industry, has announced a 10% dividend for its shareholders. The company’s financial statement revealed a share price of 711.00 PKR today, along with an earnings per share (EPS...

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United Bank Limited Shareholders Approve Key Resolutions at 65th AGM

March 18, 2024 Business

Karachi, In a significant move, shareholders of United Bank Limited (UBL) convened on March 18, 2024, for the 65th Annual General Meeting (AGM), endorsing several crucial resolutions in line with the compliance requirements of the Pakistan Stock Excha...

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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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