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Habib Bank Limited Offers Perpetual Debt Securities with Next Coupon in March 2024

March 8, 2024 Business

Karachi, Habib Bank Limited has issued HBLTFC3, perpetual debt securities, marking a significant addition to its financial instruments. With a market lot of 1 and a face value of Rs. 100,000, these securities carry a profit rate of 3M KIBOR + 2.00%. T...

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Ghani Global Glass Ltd Posts Positive EPS Amid No Distributions

March 8, 2024 Business

Karachi, Ghani Global Glass Ltd reported a positive EPS of Rs. 0.42 for January to February 2024, despite not declaring any distributions for the fiscal year ending June 2022. With a paid-up capital of Rs. 2,400.00 million, the company's shares traded...

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United Bank Limited Introduces Perpetual Tier-I TFC with Competitive KIBOR Plus Rate

March 8, 2024 Business

Karachi, United Bank Limited has issued a perpetual Tier-I Term Finance Certificate, UBLTFC5, featuring a profit rate based on 3M KIBOR +1.55%. With an issue size of Rs. 10,000,000,000, the bank has maintained the full amount outstanding to support it...

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International Steels Announces Dividend After Solid Financial Performance

March 8, 2024 Business

Karachi, International Steels Ltd. (ISL) reported a successful fiscal year with an earnings per share of 8.09, declaring a 65% dividend followed by a 55% distribution and a 25% interim dividend. The company saw substantial trading activity, with a tur...

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UBL Income Opportunity Fund Reports New Financial Figures

March 8, 2024 Business

Karachi, The UBL Income Opportunity Fund has released new financial figures, setting the offer price at 121.15 rupees and the redemption price at 119.13 rupees. Since its inception in 2013, the fund continues to adapt its financial strategies to meet ...

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Pak Oman Islamic Asset Allocation Fund Adjusts Financial Figures

March 8, 2024 Business

Karachi, Revealing its latest financial figures to the Pakistan Stock Exchange (PSE), the Pak Oman Islamic Asset Allocation Fund has updated its offer and redemption prices to Rs. 43.83 and Rs. 42.62, respectively. These adjustments, made in anticipat...

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NIT – Government Bond Fund Reports Stable Returns

March 8, 2024 Business

Karachi, The NIT - Government Bond Fund, listed in 2010, reported stable returns for June, with an offer price of 10.83 and a redemption price of 10.73. This fund aims to provide investors with secure returns by investing in government securities.

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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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