Karachi, Habib Bank Limited has reported to the Pakistan Stock Exchange (PSE) a recent transaction involving the sale of shares by Mr. Syed Arsalan Qutb, a General Manager (Executive) of the bank. The disclosure, made in accordance with clause 5.6.1.(...
Read More »Ellcot Spinning Mills Schedules Board Meeting to Review Accounts
Karachi, Ellcot Spinning Mills Ltd has announced a meeting of its Board of Directors set for Wednesday, February 14, 2024, at 12:00 noon. The meeting will take place at Nagina House, 91-B-1, M.M. Alam Road, Gulberg-III, Lahore-54660. The primary agend...
Read More »NBP Income Opportunity Fund Delivers Competitive Returns
Karachi, Announcing an offer price of Rs. 12.36 and a redemption price of Rs. 12.23 for June 2024, the NBP Income Opportunity Fund distributed Rs. 0.5704 per unit, resulting in a 6.78% yield. Since 2006, the fund has been focused on income generation ...
Read More »786 Smart Fund Announces Distribution for Investors
Karachi, The 786 Smart Fund has reported an offer price of Rs. 92.11 and a redemption price of Rs. 91.20 as of June. For the year ending 2024, the fund has distributed Rs. 6.0850 per unit to its investors, marking a 9.44% distribution rate. This perfo...
Read More »U Microfinance Bank Scheduled for June Coupon Payment on TFC
Karachi, U Microfinance Bank Limited has announced June 23, 2024, as the next coupon date for its Term Finance Certificate (TFC), UMBLTFC1. With a 4-year tenor, this TFC had a total issue size of Rs. 3,500,000,000, all of which remains outstanding. Th...
Read More »Tata Textile Mills Ltd Announces High Dividend
Karachi, Tata Textile Mills Ltd. (TATM) declared a 125% dividend, along with a 50% bonus, underscoring its exceptional performance. Closing at Rs. 76.00, the company, with a paid-up capital of Rs. 559.94 million and listed since 1991, reported a Janua...
Read More »Bank Islami Pakistan Limited Introduces Perpetual Sukuk with KIBOR Plus Rate
Karachi, Bank Islami Pakistan Limited has launched a Sukuk (Tier-I), BIPLSC, with a perpetual tenor and a profit rate of 3-month KIBOR plus 2.75%. The total issue size is Rs. 2,000,000,000, which remains fully outstanding. The next coupon is scheduled...
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