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K-Electric Limited Secures Long-Term Financing with Sukuk

December 7, 2023 Uncategorized

Karachi, K-Electric Limited has secured long-term financing with a seven-year Sukuk (K E LS C 5) at a profit rate of 3M KIBOR+1.7%. With a face value of Rs. 5,000 per lot, the total issue size stands at Rs. 25,000,000,000, out of which Rs. 23,750,000,...

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JS Bank Limited Offers Tier-I and Tier-II TFCs

December 7, 2023 Uncategorized

Karachi, JS Bank Limited has issued two sets of TFCs: "JS B LTFC 2" for Tier-I and "JS B LTFC 3" for Tier-II. The Tier-I TFCs are perpetual with an issue size of Rs. 2,500,000,000 and a profit rate of "6M KIBOR+2.25%", due for the next coupon on "30-D...

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Siddiqsons Tin Plate Ltd Holds Its Ground Without Dividends

December 7, 2023 Uncategorized

Karachi, Siddiqsons Tin Plate Ltd (STPL), despite not offering dividends this year, held its ground in the market. The company, with a substantial capital of Rs. 2,292.79 million, had its shares reach a high of Rs. 8.9 and a low of Rs. 5.52, with a da...

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EcoPack Ltd. Announces Bonus Shares as Market Stabilizes

December 7, 2023 Uncategorized

Karachi, EcoPack Ltd. (ECOP) declared a 15% bonus issue for the year, following a 10% bonus earlier. The packaging company, with a paid-up capital of Rs. 482.58 million, had its shares trade between Rs. 19.8 and Rs. 12.7, with a daily weighted average...

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Bestway Cement Ltd. Reports Robust Dividend Growth and Share Price Stability

December 7, 2023 Uncategorized

Karachi, Bestway Cement Ltd., trading with the symbol BWCL, has seen its dividend rise to 210%, up from 140% and 160% in the preceding years. The company's share rate today stands at PKR 201.50, with a daily weighted average of PKR 203.73. With a paid...

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Habib Rice Products Ltd. Reports Consistent Dividend Growth and Stable Share Performance

December 7, 2023 Uncategorized

Karachi, Habib Rice Products Ltd., with the symbol HRPL, has shown steady performance with today's rate at PKR 38.70 and a daily average of PKR 38.82. The company, with a paid-up capital of PKR 200.00 million, declared a 70% dividend in 2023, up from ...

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Sanghar Sugar Mills Ltd. Maintains Share Price, Declines to Issue Dividends

December 7, 2023 Uncategorized

Karachi, Sanghar Sugar Mills Ltd., under the symbol SANSM, has a share price of PKR 12.70. The company's paid-up capital is PKR 119.46 million, and it did not declare any dividends for the past three years. The shares traded between a high of PKR 14.5...

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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.

  • Dry Weather to Prevail in Most Parts of Country: PMD

    3 days ago
  • PM Directs Integration of Public-Private Partnership Authority to Expedite Development Projects

    3 days ago
  • Pakistan Ready to Collaborate for Democratic UNSC, Says Ambassador Asim

    3 days ago
  • DPM, Saudi FM Emphasize Importance of Dialogue

    3 days ago
  • Pakistan and US Discuss Recent Regional Developments

    3 days ago

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