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Oilboy Energy Ltd. Faces Market Challenges with No Dividend and Negative EPS

November 13, 2023 Uncategorized

Karachi: Oilboy Energy Ltd. (OBOY) reported a closing rate of PKR 6.17, with a daily weighted average rate of PKR 6.23. The company, with a paid-up capital of PKR 250.00 million, did not declare any dividend for 2023, following a 150%R dividend in 202...

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Nishat Power Ltd. Continues Steady Dividend Growth, Shares Remain Stable

November 13, 2023 Uncategorized

Karachi: Nishat Power Ltd. (NPL) ended the day at PKR 30.05, with a daily weighted average rate of PKR 29.72. The company, with a paid-up capital of PKR 3,540.89 million, declared a 70% dividend for 2023, increasing from 45% in 2022 and 15% in 2021. S...

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Mughal Iron & Steel Industries Limited Issues Five-Year Sukuk

November 13, 2023 Uncategorized

Karachi: Mughal Iron & Steel Industries Limited has released a five-year Sukuk, symbolized as MUGHALSC, with a market lot size of Rs. 1,000,000. The profit rate is based on 3M KIBOR + 1.3%. The total issue size is Rs. 3,000,000,000, with an outstandin...

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AL-Noor Sugar Mills Ltd. NC Demonstrates Steady Financial Outcomes

November 13, 2023 Uncategorized

Karachi: AL-Noor Sugar Mills Ltd. NC, with the symbol ALNRS, closed at Rs. 64.00. The company's paid-up capital is Rs. 204.74 million. It declared a 50% distribution in both 2021 and 2022. Since its 1970 listing, AL-Noor Sugar Mills Ltd. achieved a hi...

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Habib Bank Limited Announces Perpetual TFC with KIBOR Plus Margin

November 13, 2023 Uncategorized

Karachi: Habib Bank Limited has issued a perpetual TFC, HBLTFC2, with a market lot of Rs. 100,000. This instrument carries a profit rate based on the 3M KIBOR + 1.6%. The total issue size is a substantial Rs. 12,374,000,000, with the same amount outst...

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Bank Islami Pakistan Limited Issues Sukuk with KIBOR Plus Margin

November 13, 2023 Uncategorized

Karachi: Bank Islami Pakistan Limited has issued a perpetual Sukuk, BIPLSC, with a market lot of Rs. 5,000. The profit rate is based on the 3M KIBOR + 2.75%. This instrument has an issue size of Rs. 2,000,000,000, which is also the total outstanding p...

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Pakistan Oxygen Limited Sets Rights Issue Dates and Premium

November 13, 2023 Uncategorized

Karachi: Pakistan Oxygen Limited has declared the schedule for its upcoming rights issue, initiating trading in rights on the 1st of November, 2023. The company has set the last date for trading in these rights for the 23rd of November, 2023, with the...

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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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