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K-Electric Limited Announces Coupon for 7-Year Sukuk

November 17, 2023 Uncategorized

Karachi (PPI Bot): K-Electric Limited has made public its 7-year Sukuk, KELSC6, with a market lot size of 1 and a face value of 100,000 PKR. The profit rate is defined as 3M KIBOR + 1.7%. The total issue size is 6,700,000,000 PKR, which is also the cu...

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U Microfinance Bank Limited Announces Fixed Rate on Privately Placed Debt

November 17, 2023 Uncategorized

Karachi (PPI Bot): U Microfinance Bank Limited has successfully placed a Term Finance Certificate (TFC) with a market lot of 1 and a face value of 100,000 PKR. The debt, with a tenure of 4 years, carries a profit rate of 6M KIBOR + 1.35%. The total is...

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Askari General Insurance Co. Maintains Steady Growth in 2023

November 17, 2023 Uncategorized

Karachi (PPI Bot): Askari General Insurance Co. reported a consistent financial performance for the year ending October 2023. The company, with a paid-up capital of Rs. 719.02 million, achieved a turnover of 1,794,000. Its daily weighted average rate ...

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Meezan Pakistan ETF NC Releases Financial Data

November 17, 2023 Uncategorized

Karachi (PPI Bot): Meezan Pakistan ETF NC (MZNPETF) showed a rate of 11.17 RS today, with a daily weighted average of 11.29. The fund size is declared in millions, with a 12.5% income distribution for the year ending in June. It maintains a par value ...

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TPL Properties Ltd. Reports Dividends, Negative EPS

November 17, 2023 Uncategorized

Karachi (PPI Bot): TPL Properties Ltd., a constituent of the Pakistan Stock Exchange, declared a 10% dividend for 2021, a 60% bonus for 2022, and 20% for 2023. The company's daily weighted average rate was Rs. 13.23, with a massive paid-up capital of ...

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Oil & Gas Development Co. Ltd. Reports Steady Growth in Dividends and Positive EPS

November 17, 2023 Uncategorized

Karachi (PPI Bot): Oil & Gas Development Co. Ltd. reported steady financial growth in the Pakistan Stock Exchange. The company's average share price was PKR 112.62, backed by a significant paid-up capital of Rs. 43,009.28 million. The dividend distrib...

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HBL Growth Fund Maintains Steady Performance in PSE

November 17, 2023 Uncategorized

Karachi (PPI Bot): In the latest financial disclosures from the Pakistan Stock Exchange, HBL Growth Fund - (A) NC reported a daily weighted average rate of Rs. 8.56. The fund, with a paid-up capital of Rs. 2,835.00 million, declared a 12% distribution...

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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 Forecasts Rain-Wind/Thundershower Across Several Regions

    2 days ago
  • UNESCO Adds 12 More Pakistani Sites to Tentative World Heritage List

    2 days ago
  • President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

    2 days ago
  • Sindh Government Launches Initiative to Restore Indus Delta

    2 days ago
  • DPM, Uzbek FM Discuss Matters of Mutual Interest

    2 days ago

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