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Karachi, (PPI Bot): Listed since 2014, the Atlas Sovereign Fund disclosed its financial results for the year ending June 2023. The fund maintained an offer and redemption price of Rs 110.95. It declared a year-end distribution of 9.50% and Rs 4.75 per...
Read More »Habib Bank Limited Stabilizes Funding with Perpetual TFC
Karachi, (PPI Bot): Habib Bank Limited has issued a perpetual Tier-I TFC, HBLTFC2, with a profit rate of 3M KIBOR+1.6%. The TFC has an issue size of PKR 12.374 billion, which is also the outstanding principal. Investors are looking forward to the next...
Read More »Loads Limited Demonstrates Steady Presence in Automotive Accessories Market
Karachi, (PPI Bot): Loads Limited, trading as LOADS, closed at PKR 9.48 in the Pakistan Stock Exchange. The company's daily weighted average rate was PKR 9.40, with a paid-up capital of PKR 2,512.50 million. Loads Limited, ending its fiscal year in Ju...
Read More »Gas Price Revision Affects Fertilizer Sector, Minimal Impact Compared to Other Industries
Karachi, In a significant development for the fertilizer industry, the Oil and Gas Regulatory Authority (OGRA) has announced a revision in gas prices, effective November 2023. This adjustment sees an increase in prices for all categories, with the fert...
The post Gas Price Revision Affects Fertilizer Sector, Minimal Impact Compared to Other Industries appeared first on Pakistan Business News.
Read More »HBL Invests Rs 1 Billion in Solar Tube Wells to Enhance Pakistan’s Agriculture Sector Sustainability
Karachi, Habib Bank Limited (HBL) has initiated a groundbreaking project by allocating Rs 1 billion for the financing of solar tube wells in Pakistan's agricultural sector. This move is aimed at augmenting the use of renewable energy and boosting the e...
The post HBL Invests Rs 1 Billion in Solar Tube Wells to Enhance Pakistan’s Agriculture Sector Sustainability appeared first on Pakistan Business News.
Read More »Karachi Chamber of Commerce to Hold Press Conference on Gas Tariff Hikes
Karachi, The Karachi Chamber of Commerce & Industry (KCCI), led by its President Iftikhar Ahmed Sheikh, will be conducting a significant press conference. This conference, involving the presidents and representatives of all seven Industrial...
The post Karachi Chamber of Commerce to Hold Press Conference on Gas Tariff Hikes appeared first on Pakistan Business News.
Read More »VIS Maintains Stable Ratings for Asher Imran Spinning Mills Amid Industry Challenges
Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Asher Imran Spinning Mills (Private) Limited (AISML) at 'A-/A-2', reflecting its sound credit quality and stable outlook despite the spinning sector facing significan...
The post VIS Maintains Stable Ratings for Asher Imran Spinning Mills Amid Industry Challenges appeared first on Pakistan Business News.
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