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Tariq Glass Industries Ltd Reports Substantial Dividends; Shares Valued at PKR 88.23

November 7, 2023 Uncategorized

Karachi: Tariq Glass Industries Ltd, trading as TGL, concluded at PKR 88.23. The company declared a 120% dividend and a 25% bonus, followed by another 20% bonus and a 60% dividend for June. Listed in 1984, the company's shares reached a high of PKR 97...

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Bank Alfalah Limited Announces Perpetual Tier-I Debt Securities

November 7, 2023 Uncategorized

Karachi: Bank Alfalah Limited has announced the issuance of perpetual Tier-I debt securities, marked with the symbol code "TFC (Tier-I)". These securities will be available in a market lot of 5,000 with a face value of Rs. 5,000 each. They carry a pro...

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Frontier Ceramics Ltd Ends Day at PKR 16.62; No Dividend Declared

November 7, 2023 Uncategorized

Karachi: Frontier Ceramics Ltd, trading as FRCL, finished at PKR 16.62. The company did not declare any dividends for June. Listed in 1992, the firm's shares reached a high of PKR 23.65 and a low of PKR 13.88, with a turnover of 143,000 shares and an ...

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Mughal Iron & Steel Industries Limited’s Sukuk Linked to KIBOR; Next Payment in December 2023

November 7, 2023 Uncategorized

Karachi: Mughal Iron & Steel Industries Limited has placed a Sukuk with a 5-year tenor, offering a profit rate tied to the 3-month KIBOR plus 1.3%. The Sukuk's total issue size is PKR 3 billion, with PKR 2.437 billion still outstanding. The next c...

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Askari Bank Limited Announces Tier-II TFC with Coupon Payment Scheduled for December 2023

November 7, 2023 Uncategorized

Karachi: Askari Bank Limited has issued a Tier-II TFC with a 10-year tenor and a profit rate of 3-month KIBOR plus 1.2%. The TFC has a total issue size of PKR 6 billion, all of which remains outstanding. The upcoming coupon date is set for 17th Decemb...

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International Industries Ltd. Announces Robust Dividend and Positive EPS

November 7, 2023 Uncategorized

Karachi: International Industries Ltd. (NC), trading with the symbol INIL, has announced a healthy dividend payout of 100% for 2021, 80% for 2022, and 75% for 2023. The company's share rate stands at PKR 110.11 today, with a daily weighted average rat...

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Telecard Limited’s TFC Fully Redeemed; Next Coupon Was Due December 2021

November 7, 2023 Uncategorized

Karachi: Telecard Limited had issued a Term Finance Certificate (TFC), symbol TELE TFC, with a tenor of 6 years and a profit rate tied to the 3-month KIBOR plus 0%. The total issue size was 2.4 billion rupees, which has now been fully redeemed. The la...

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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.

  • Hot, Humid Weather to Persist Across Most Parts of Country: PMD

    2 days ago
  • Pakistan Keen to Further Strengthen Cooperation with US: PM

    2 days ago
  • MoRA Urges Pilgrims to Renew Passports Early for Hajj 2027

    2 days ago
  • Pakistan and Jordan Leadership Voice Concerns Over Escalating Palestine Tensions

    2 days ago
  • Pakistan Customs Successfully Thwarts Smuggling Attempts in GB

    2 days ago

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