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TPL Corp Limited Secures Five-Year Financing Through TFC

November 28, 2023 Uncategorized

Karachi, (PPI Bot): TPL Corp Limited has successfully issued a Term Finance Certificate (TFC) labeled TPLTFC3, with a market lot of 1 and a face value of 100,000. The TFC, set for a 5-year tenure, carries a profit rate pegged to 3M KIBOR + 2.50%. The ...

The post TPL Corp Limited Secures Five-Year Financing Through TFC appeared first on Pakistan Company News.

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Bank Al Habib Limited Strengthens with Ten-Year TFC

November 28, 2023 Uncategorized

Karachi, (PPI Bot): Bank Al Habib Limited has fortified its financial instruments by introducing a Tier-II Term Finance Certificate (TFC), BAH LTFC10, with a market lot of 1 and a face value of 5,000. Tailored for a 10-year period, the TFC enjoys a pr...

The post Bank Al Habib Limited Strengthens with Ten-Year TFC appeared first on Pakistan Company News.

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JS Bank Limited’s Tier-II TFC Set for Coupon Payment in 2023

November 28, 2023 Uncategorized

Karachi, (PPI Bot): JS Bank Limited's seven-year Tier-II TFC (JSBLTFC3) carries a profit rate of 6M KIBOR+2.0%. The issue size is Rs. 2,500,000,000, with Rs. 2,499,500,000 outstanding. The next coupon is due on 28-Dec-2023, signifying the bank's commi...

The post JS Bank Limited’s Tier-II TFC Set for Coupon Payment in 2023 appeared first on Pakistan Company News.

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Askari High Yield Scheme Announces Increased Distribution

November 28, 2023 Uncategorized

Karachi, (PPI Bot): The Askari High Yield Scheme, operational since 2006, declared an increased distribution for 2023. The fund offered a price of Rs. 108.63 and a redemption price of Rs. 106.23. It announced a distribution of Rs 8.2722 per unit, an i...

The post Askari High Yield Scheme Announces Increased Distribution appeared first on Pakistan Company News.

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Samba Bank Limited’s Tier-II TFC Set for 2024 Maturity

November 28, 2023 Uncategorized

Karachi, (PPI Bot): Samba Bank Limited has issued a 10-Year Tier-II TFC (SBLTFC) offering a profit rate of 6M KIBOR+1.35%. The total issue size of Rs. 5,000,000,000 has nearly all remained outstanding. The forthcoming coupon payment date is 01-Mar-202...

The post Samba Bank Limited’s Tier-II TFC Set for 2024 Maturity appeared first on Pakistan Company News.

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Atlas Income Fund Declares NAV and Distribution

November 28, 2023 Uncategorized

Karachi, (PPI Bot): Atlas Income Fund, active in the Pakistan Stock Exchange since 2004, reported a consistent NAV of PKR 573.04 for both offer and redemption prices as of June 2023. The fund declared a 5.40% distribution for the year, with a notable ...

The post Atlas Income Fund Declares NAV and Distribution appeared first on Pakistan Company News.

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ABL Cash Fund Reports Modest Gains in 2023

November 28, 2023 Uncategorized

Karachi, (PPI Bot): ABL Cash Fund, operating since 2010, presented its performance for the fiscal year ending June 2023. The fund's offer price was noted at Rs. 10.41, with a corresponding redemption price of Rs. 10.32. The fund announced a distributi...

The post ABL Cash Fund Reports Modest Gains in 2023 appeared first on Pakistan Company News.

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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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