Karachi: Treet Corporation Limited has announced the commencement date for its rights issue trading as the 24th of November, 2023. The deadline for the trading of these rights is slated for the 15th of December, 2023, with the last date for the paymen...
Read More »TPL Corp Limited Announces Two 5-Year Sukuks
Karachi: TPL Corp Limited has announced the issuance of two Sukuks, TPLSC and TPLTFC3, each with a market lot of 1 and a face value of PKR 100,000. The TPLSC is a 5-year Sukuk with a profit rate of 3-month KIBOR plus 2.25%, with both the total issue s...
Read More »ABL Islamic Asset Allocation Fund Reports Year-End Prices
Karachi: The ABL Islamic Asset Allocation Fund, listed in 2018, reported its financial figures for the year ending June 2023. The fund's offer price was 11.04, with a redemption price of 10.67. The previous book closure date was June 27, 2022. No dist...
Read More »JS Bank Limited Lists Perpetual Tier-I TFC
Karachi: JS Bank Limited has listed a perpetual Tier-I TFC, JSBLTFC2, with a market lot of Rs. 100,000. This debt security offers a profit rate tied to 6M KIBOR + 2.25%. It has a total issue size of Rs. 2,500,000,000, which is also the total outstandi...
Read More »Summit Bank Limited Offers Seven-Year TFC
Karachi: Summit Bank Limited has floated a seven-year term finance certificate (TFC), SMBLTFC, with a market lot of Rs. 5,000. This debt security offers a profit rate tied to 6M KIBOR + 3.25%. The total issue size is Rs. 1,500,000,000, with nearly the...
Read More »NIT Pakistan Gateway ETF Records Notable Performance
Karachi: NIT Pakistan Gateway ETF, with the ticker NITGETF, has a current rate of PKR 13.69 and a matching daily weighted average rate. The fund size stands at PKR 47.377 million as of June, with a distribution of 9% and a dividend yield of 9.342%. It...
Read More »Samba Bank Limited Issues 10-Year Tier-II TFC
Karachi: Samba Bank Limited has released a 10-year Tier-II Term Finance Certificate (TFC) with the trading symbol SBLTFC. It has a market lot of 1 and a face value of PKR 100,000. The profit rate is set at 6-month KIBOR plus 1.35%. The total issue siz...
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