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The Bank of Punjab Ensures Long-Term Stability with Perpetual TFC

November 14, 2023 Uncategorized

Karachi: The Bank of Punjab ensures long-term financial stability with its perpetual Tier-I TFC, BOPTFC2, offering a profit rate of 6M KIBOR+2.00%. The issue size is significant at over 8 billion Rs., corresponding to the outstanding principal, with t...

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Worldcall Telecom Limited Fulfills Five-Year TFC Obligations

November 14, 2023 Uncategorized

Karachi: Worldcall Telecom Limited's five-year TFC, WTLTFC3, with a profit rate of 6M KIBOR+1.60%, has been settled with the last coupon paid on 15-04-2020. The issue size was 4 billion Rs., indicating the company's completed financial commitment for ...

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Kashf Foundation Commits to Social Impact with Four-Year TFC

November 14, 2023 Uncategorized

Karachi: Kashf Foundation has issued a four-year TFC, KFTFC1, with a profit rate of 3M KIBOR+2.25%, underscoring its commitment to social impact initiatives. The total issue size is 2 billion Rs., with an outstanding principal of 666.67 million Rs. Th...

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NBP Sarmaya Izafa Fund Reports Substantial Year-End Growth

November 14, 2023 Uncategorized

Karachi: The NBP Sarmaya Izafa Fund, part of the market since 2010, announced its year-end financial results for June 2023. The fund reported an offer price of PKR 20.79 and a redemption price of PKR 20.11, with a notable year-end growth of 22.15%.

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Pakistan Aluminium Beverage Cans Ltd. Announces Dividend Amid Growth

November 14, 2023 Uncategorized

Karachi: Pakistan Aluminium Beverage Cans Ltd. declared a 15% dividend for December, with a conditional 35% issuance outlined. The share rate stands at 59.45 Rs., with an earnings per share of 4.37 Rs. and a high turnover of 102369316 shares, indicati...

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Atlas Islamic Funds Announce Latest Financials

November 14, 2023 Uncategorized

Karachi: The Pakistan Stock Exchange released financial data for Atlas Islamic Funds, encompassing various fund types. The report includes offer and redemption prices for each fund as of November 14, 2023. Atlas Islamic Fund of Funds, listed in 2019...

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Alfalah GHP Income Multiplier Fund Achieves Notable Growth

November 14, 2023 Uncategorized

Karachi: The Alfalah GHP Income Multiplier Fund, part of the Pakistan Stock Exchange since 2007, achieved notable growth in the financial year ending June 2023. The fund's offer price was Rs 60.85, and the redemption price was Rs 58.86, yielding 5.44%...

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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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