Karachi (PPI Bot): Shezan International Ltd. NC (SHEZ) reported a trading rate of 104.36 RS with a daily weighted average rate of 96.63 RS. The company declared a 55% cash payout and a 10% bonus distribution, with an additional 50% and 20% for the yea...
Read More »TPL Corp Limited Commits to Infrastructure Development with Sukuk Issuance
Karachi (PPI Bot): TPL Corp Limited has committed to financing its infrastructure projects by issuing 5-year Sukuk with a profit rate of 3-month KIBOR plus 2.25%. The total issue size is PKR 2.19 billion, with the same amount outstanding. The company ...
Read More »Fauji Foods Limited. NC Reports Market Data
Karachi (PPI Bot): Fauji Foods Limited. NC (FFL) has today's rate at 8.52 RS and a daily weighted average rate of 25,199.63 RS. The company announced a 97.20% right share distribution for the year ending in December. The par value stands at 10 RS with...
Read More »Telecard Limited TFCs Offer Zero Markup Over KIBOR
Karachi (PPI Bot): Telecard Limited has issued TFCs with a unique feature of a profit rate equal to 3-month KIBOR with no additional markup. The face value per certificate is PKR 5,000, and the total issue size was PKR 2.4 billion, which has been sett...
Read More »Nestle Pakistan Ltd. NC Stands Out with High Distribution Rates
Karachi (PPI Bot): Nestle Pakistan Ltd. NC (NESTL) has today's rate at 8735.00 RS and a daily weighted average rate of 453.50 RS. The company announced an exceptional 2850% cash payout, 3350% bonus, and an additional 1740% in distributions for the yea...
Read More »Dewan Farooque Motors Limited Faces Financial Challenges
Karachi (PPI Bot): Dewan Farooque Motors Limited NC, operating in the automobile assembly sector, faced financial difficulties as reflected in its daily weighted average rate of Rs. 16.06. The company, with a paid-up capital of Rs. 1,387.35 million, d...
Read More »Al Ameen Shariah Stock Fund Reports High Distribution and Price Changes
Karachi (PPI Bot): The Al Ameen Shariah Stock Fund, listed in 2007, announced a significant distribution of 13% for the year ending June 2023, with no distribution in the previous year. The fund's offer price was PKR 189.8, and the redemption price wa...
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