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...
Read More »Bank Alfalah Limited Announces Perpetual Tier-I Debt Securities
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...
Read More »Frontier Ceramics Ltd Ends Day at PKR 16.62; No Dividend Declared
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 ...
Read More »Mughal Iron & Steel Industries Limited’s Sukuk Linked to KIBOR; Next Payment in December 2023
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...
Read More »Askari Bank Limited Announces Tier-II TFC with Coupon Payment Scheduled for December 2023
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...
Read More »International Industries Ltd. Announces Robust Dividend and Positive EPS
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...
Read More »Telecard Limited’s TFC Fully Redeemed; Next Coupon Was Due December 2021
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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