Karachi (PPI Bot): The AL Habib Money Market Fund, another new fund introduced to the Pakistan Stock Exchange in 2022, has completed its first financial year. The fund, with an offer price and redemption price both set at Rs 103 and Rs 100 respectivel...
Read More »MCB DCF Income Fund Announces Distributions
Karachi (PPI Bot): The MCB DCF Income Fund, listed in 2007, declared distributions of Rs 6.50 per unit for 2022 and Rs 4.8783 per unit for 2023. The fund, with an offer price of Rs 118.18 and a redemption price of Rs 116.22, shows a consistent strateg...
Read More »JS Bank Limited Announces Tier-II TFCs with KIBOR-Linked Profit Rate
Karachi (PPI Bot): JS Bank Limited has announced Tier-II TFCs with a profit rate of 6-month KIBOR plus 2.0% over a 7-year term. The issue size is PKR 2.5 billion, with PKR 2.4995 billion outstanding. The next coupon payment is expected on 28 December ...
Read More »Shezan International Ltd. NC Reports Strong Distributions
Karachi (PPI Bot): Shezan International Ltd. NC (SHEZ) reported a trading rate of 104.36 RS with a daily weighted average rate of 96.63 RS. The company declared a 55% cash payout and a 10% bonus distribution, with an additional 50% and 20% for the yea...
Read More »TPL Corp Limited Commits to Infrastructure Development with Sukuk Issuance
Karachi (PPI Bot): TPL Corp Limited has committed to financing its infrastructure projects by issuing 5-year Sukuk with a profit rate of 3-month KIBOR plus 2.25%. The total issue size is PKR 2.19 billion, with the same amount outstanding. The company ...
Read More »Fauji Foods Limited. NC Reports Market Data
Karachi (PPI Bot): Fauji Foods Limited. NC (FFL) has today's rate at 8.52 RS and a daily weighted average rate of 25,199.63 RS. The company announced a 97.20% right share distribution for the year ending in December. The par value stands at 10 RS with...
Read More »Telecard Limited TFCs Offer Zero Markup Over KIBOR
Karachi (PPI Bot): Telecard Limited has issued TFCs with a unique feature of a profit rate equal to 3-month KIBOR with no additional markup. The face value per certificate is PKR 5,000, and the total issue size was PKR 2.4 billion, which has been sett...
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