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EFU Life Assurance Ltd. Sustains High Distribution; Announces 45% Third Interim

November 3, 2023 Uncategorized

Karachi: EFU Life Assurance Ltd. (EFUL), with a paid-up capital of Rs. 1,000 million, today declared a 45% third interim distribution, following a consistent 150% distribution over the past two years. Shares closed at Rs. 185.00, aligned with the dail...

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United Bank Limited Issues Perpetual TFC at 3M KIBOR+1.55%

November 3, 2023 Uncategorized

Karachi: United Bank Limited has announced its Perpetual Term Finance Certificate (Tier-I) with a market lot size of 1 and a face value of Rs. 5,000. The profit rate is based on the 3-month KIBOR plus a spread of 1.55%. This security has a total issue...

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Meezan Pakistan ETF Announces 12.5% Distribution

November 3, 2023 Uncategorized

Karachi: Meezan Pakistan ETF (MZNPETF) recorded a trading value of Rs. 10.27, with a daily weighted average very close at Rs. 10.26. The fund's size amounts to Rs. 70.344 million, with a 12.5% distribution marked for the year. The ETF, with a par valu...

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Pakistan State Oil Reports Decrease in Dividend for 2023

November 3, 2023 Uncategorized

Karachi: The Pakistan State Oil Co. Ltd. (PSO) stock ended the trading session at Rs. 143.07, with a daily weighted average of Rs. 143.37. The company's paid-up capital stands at Rs. 4,694.73 million. PSO announced a 75% dividend for the year ending J...

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Babar Bashir Nawaz Re-Appointed as CEO of Attock Cement Pakistan Ltd.

November 3, 2023 Uncategorized

Karachi: Attock Cement Pakistan Ltd. has announced that Mr. Babar Bashir Nawaz has been re-appointed as the Chief Executive Officer of the company. The decision comes subsequent to the recent Election of Directors which took place on October 23, 2023....

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Leather-Up Ltd. Records No Dividend Distribution

November 3, 2023 Uncategorized

Karachi: Leather-Up Ltd. (LEUL) saw its shares trade at an exact rate of Rs. 10.99 today with no dividend declared for the years 2021, 2022, and 2023. The company has a paid-up capital of Rs. 60 million and its shares reached a high of Rs. 8.71 with a...

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AL Habib Money Market Fund Reports No Activity in Fiscal Year

November 3, 2023 Uncategorized

Karachi: The AL Habib Money Market Fund has not reported any offer or redemption prices, nor has it declared any distributions for its fiscal year ending in June. The fund was listed on the Pakistan Stock Exchange in 2022 and remains active in the mar...

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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.

  • PMD Predicts Partly Cloudy Weather Conditions With Rain, Wind and Thundershowers

    2 days ago
  • DPM Reaffirms Pakistan’s Support for UN and Multilateralism

    2 days ago
  • Junaid Calls for Protection of Pakistan’s Mangroves

    2 days ago
  • Investigations Reveal Banned Joint Action Committee’s India Nexus: Tarar

    2 days ago
  • Pakistan and Kazakhstan Collaborate to Launch Joint Research Centre

    2 days ago

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