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K-Electric Limited Charges Ahead with Seven-Year Sukuk

December 8, 2023 Uncategorized

Karachi, K-Electric Limited has issued a seven-year Sukuk, "KELSC6," to raise funds for its operations. This Islamic financial instrument has a total issue size of Rs. 6.7 billion, with an equivalent outstanding principal. With a market lot of 1 and a...

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UBL Growth & Income Fund Maintains Market Presence

December 8, 2023 Uncategorized

Karachi, The UBL Growth & Income Fund, listed in 2006, reported its financial details for the year ending in June 2023. The fund continues to be a part of the growth and income mutual funds sector of the Pakistan Stock Exchange.

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Bank Alfalah Limited Maintains Strong Presence in Debt Securities Market

December 8, 2023 Uncategorized

Karachi, Bank Alfalah Limited has sustained a notable presence in the publicly issued debt securities market, as reported to the Pakistan Stock Exchange. The bank has two different Term Finance Certificates (TFCs) listed. The first, BAFLTFC6, is a Tie...

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NIT – Income Fund Reports Increased Distribution for 2023

December 8, 2023 Uncategorized

Karachi, The NIT - Income Fund, listed since 2010, announced distributions of Rs 0.55 per unit in 2021 and Rs 0.5746 per unit in 2023. The fund, whose financial year ends in June, continues to be a key component of the income-oriented mutual funds mar...

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Mughal Iron & Steel Industries Limited Secures Long-Term Funding with Sukuk

December 8, 2023 Uncategorized

Karachi, Mughal Iron & Steel Industries Limited has secured a five-year term Sukuk, "MUGHALSC," listed on the Pakistan Stock Exchange. This financial instrument has a total issue size of Rs. 3 billion, with Rs. 2.4375 billion still outstanding. Th...

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UBL Dedicated Equity Fund Continues in Market

December 8, 2023 Uncategorized

Karachi, With its inception in 2019, the UBL Dedicated Equity Fund reported no distributions for 2023. The fund, concluding its financial year in June, maintains its presence in the dedicated equity mutual funds market.

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Worldcall Telecom Limited’s TFC Issue Reaches Maturity

December 8, 2023 Uncategorized

Karachi, Worldcall Telecom Limited has fulfilled its obligations for a 5-year Term Finance Certificate (WTLTFC3), as reported to the Pakistan Stock Exchange. This TFC, with a market lot of 1 and a face value of Rs. 5,000, had an interest rate of 6M KI...

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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.

  • PMD Forecasts Rain-Wind/Thundershower Across Several Regions

    2 days ago
  • UNESCO Adds 12 More Pakistani Sites to Tentative World Heritage List

    2 days ago
  • President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

    2 days ago
  • Sindh Government Launches Initiative to Restore Indus Delta

    2 days ago
  • DPM, Uzbek FM Discuss Matters of Mutual Interest

    2 days ago

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