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Habib Bank Limited Executive Sells SharesABL Funds Announces Distribution of Interim Cash Dividend for 2024

February 7, 2024 Uncategorized

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.(...

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Ellcot Spinning Mills Schedules Board Meeting to Review Accounts

February 7, 2024 Uncategorized

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...

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NBP Income Opportunity Fund Delivers Competitive Returns

February 7, 2024 General

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 ...

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786 Smart Fund Announces Distribution for Investors

February 7, 2024 Uncategorized

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...

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U Microfinance Bank Scheduled for June Coupon Payment on TFC

February 7, 2024 Uncategorized

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...

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Tata Textile Mills Ltd Announces High Dividend

February 7, 2024 Uncategorized

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...

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Bank Islami Pakistan Limited Introduces Perpetual Sukuk with KIBOR Plus Rate

February 7, 2024 Uncategorized

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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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.

  • IIOJK: Crackdown Intensified in Rajouri, Poonch Districts

    3 days ago
  • Int’l Conference on Emerging Technologies, Future Warfare Concludes in Karachi

    3 days ago
  • Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

    3 days ago
  • PM Directs Authorities to Ensure Preparedness for Monsoon

    3 days ago
  • President, PM Commend Security Forces for Successful Operation in Khyber

    3 days ago

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