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...
Read More »Loads Limited Remains Without Distribution in Current Year
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...
Read More »The Hub Power Company Limited (HUBCSC2) and (HUBCSC4) Issue Sukuk
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...
Read More »Summit Bank Limited’s TFC: Profit Rate of 6M KIBOR + 3.25%
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...
Read More »Askari Sovereign Yield Enhancer Announces Annual Distributions
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 ...
Read More »Engro Powergen Qadirpur Ltd. Declares 35% Dividend
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% ...
Read More »Samba Bank Limited (SBLTFC) Issues Tier-II TFC
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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