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JS Islamic Daily Dividend Fund Pays Out Re.0.0238 Per Unit

November 6, 2023 Uncategorized

Karachi: The JS Islamic Daily Dividend Fund has reported a per-unit distribution of Re.0.0238 for the financial year ending June 2023. The fund has not specified the offer or redemption prices in the recent financial announcement. It has been listed o...

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Loads Limited Remains Without Distribution in Current Year

November 6, 2023 Uncategorized

Karachi: Loads Limited (LOADS) saw its shares traded at PKR 7.54, close to the daily weighted average rate of PKR 7.57. The company holds a paid-up capital of PKR 2,512.50 million but has not announced any distribution for 2023. This follows a distrib...

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The Hub Power Company Limited (HUBCSC2) and (HUBCSC4) Issue Sukuk

November 6, 2023 Uncategorized

Karachi: The Hub Power Company Limited (HUBCSC2) and (HUBCSC4) have both announced the issuance of Sukuk securities. HUBCSC2 will have a market lot size of 1 and a face value of Rs. 100,000, with a tenor of 4 years and a profit rate of "3M KIBOR + 1.8...

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Summit Bank Limited’s TFC: Profit Rate of 6M KIBOR + 3.25%

November 6, 2023 Uncategorized

Karachi: Summit Bank Limited's TFC, with a face value of Rs. 5,000 per Mkt. Lot and a tenor of 7 years, offers a profit rate of "6M KIBOR + 3.25%". The total issue size for this security is Rs. 1,500,000,000, with an outstanding principal of Rs. 1,495...

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Askari Sovereign Yield Enhancer Announces Annual Distributions

November 6, 2023 General

Karachi: The Askari Sovereign Yield Enhancer, operating since 2012, released its distribution figures at 4.19% for the year ending in June 2023. It reported an offer price of PKR 103.92 and a redemption price of PKR 102.92, with profits of PKR 6.4057 ...

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Engro Powergen Qadirpur Ltd. Declares 35% Dividend

November 6, 2023 Uncategorized

Karachi: Engro Powergen Qadirpur Ltd. (EPQL) traded at PKR 28.78, slightly above its daily weighted average of PKR 28.87. The company, which concludes its financial year in December, has a paid-up capital of PKR 3,238.00 million. EPQL announced a 35% ...

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Samba Bank Limited (SBLTFC) Issues Tier-II TFC

November 6, 2023 Uncategorized

Karachi: Samba Bank Limited (SBLTFC) has announced the issuance of Tier-II Privately Placed Debt Securities. The security, with the symbol SBLTFC, will have a market lot size of 1 and a face value of Rs. 100,000. These securities have a tenor of 10 ye...

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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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