Karachi: Power Holding Limited has issued two ten-year Sukuks. The first Sukuk, with a profit rate of 6-month KIBOR plus 0.8%, has a market lot of 1 and a face value of Rs. 5,000, totaling an issue size of Rs. 200,000,000,000, fully outstanding. The n...
Read More »Shadman Cotton Mills Ltd. Records Steady Performance on PSE
Karachi: Shadman Cotton Mills Ltd., listed as SHCM, closed at Rs. 13.00 as of November 10, 2023. The company, following a June year-end, did not announce any distributions for 2021, 2022, and 2023. SHCM, with a paid-up capital of Rs. 500 million, reco...
Read More »Ghani Global Glass Ltd. Closes at Rs. 6.72 with Significant Share Turnover
Karachi: Ghani Global Glass Ltd. (GGGL), with the symbol GGGL on the Pakistan Stock Exchange, ended the day at Rs. 6.72. The company, with a paid-up capital in the millions, indicated no dividends for the years 2021 to 2023. A market lot of 500 was re...
Read More »Bank Islami Pakistan Limited Introduces Sukuk Security
Karachi: Bank Islami Pakistan Limited has introduced a perpetual Sukuk security, BIPLSC, with a single unit market lot and a face value of Rs. 5,000. The profit rate is set at 3-month KIBOR plus 2.75%. The issue size is Rs. 2,000,000,000, with the tot...
Read More »Bank Al Habib Limited Offers Perpetual Tier-I Debt Instrument
Karachi: Bank Al Habib Limited has offered a perpetual Tier-I debt instrument, providing investors with a profit rate of 6-month KIBOR plus 1.65%. The market lot is 1 with a face value of Rs. 5,000. The total issue size is significant at Rs. 7,000,000...
Read More »Hub Power Holdings Limited Commits to Five-Year Sukuk
Karachi: Hub Power Holdings Limited has committed to a five-year Sukuk, with a market lot of 1 and a face value of Rs. 100,000. The profit rate is determined by 6-month KIBOR plus 2.5%. The total issue size is Rs. 6,000,000,000, with the total outstan...
Read More »Treet Corporation Limited Sets Terms for Rights Issue
Karachi: In a recent announcement, Treet Corporation Limited (TREE TR2) informed the Pakistan Stock Exchange of the timeline for its rights issue. Trading in the rights will start on the 24th of November, 2023. The trading will close on the 15th of De...
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