Karachi: The Allied Finergy Fund has recorded its offer price at Rs. 9.48 and redemption price at Rs. 9.16 as of June 2023. There have been no distributions for the current period. The fund's previous book closure was on June 27, 2022, and it has been...
Read More »Dewan Farooque Spinning Maintains Steady Market Performance Without Dividend Issuance
Karachi: Dewan Farooque Spinning Mills (DFSM) maintained a steady share rate closing at Rs. 2.35 and showed a daily weighted average rate of Rs. 2.39. The firm, with a paid-up capital of Rs. 977.51 million, had no distributions for the fiscal year end...
Read More »Hub Power Holdings Limited Introduces 5-Year Sukuk at 6M KIBOR+2.5%
Karachi: Hub Power Holdings Limited has brought a 5-year Sukuk to the market, with a face value per unit set at Rs. 100,000. The profit rate offered is the 6-month KIBOR plus a 2.5% margin. The company has raised a total of Rs. 6 billion through this ...
Read More »Rafhan Maize Products Announces Extraordinary Distributions, Signals Strong Market Presence
Karachi: Rafhan Maize Products Co. declared an unprecedented distribution of 6000% in 2021 and 2750% in 2022, with an anticipatory 2500%(III) for 2023. The company's share value reached a high of Rs. 7155 and a turnover of Rs. 33760 for the year. Desp...
Read More »K-Electric Limited Offers 7-Year Sukuk at 3M KIBOR+1.7%
Karachi: K-Electric Limited has issued a 7-year Sukuk with each unit valued at a face value of Rs. 5,000. The rate of return is determined by the 3-month KIBOR with an addition of 1.7%. The total issue size has reached Rs. 25 billion, and the current ...
Read More »Clover Pakistan Ltd Holds Steady in Stock Performance
Karachi: Clover Pakistan Ltd's (CLOV) share price remained steady, closing at Rs. 14.47, closely aligned with the daily weighted average of Rs. 14.44. The company, which did not announce any dividend for the years 2021 to 2023, has a paid-up capital o...
Read More »Alias Liquid Fund Announces Daily Dividend for November 02, 2023
Karachi: Atlas Asset Management, an esteemed member of the Atlas Group and rated AM2+ by PACRA, has relayed the dividend distribution specifics for its Alias Liquid Fund (ALF) for the date November 02, 2023. The management company and the investment...
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