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United Bank Limited Offers Perpetual Tier-I Capital Certificate

November 10, 2023 Uncategorized

Karachi: United Bank Limited has offered a perpetual Tier-I capital certificate, UBLTF C 5, to the market. The market lot is 1, with a face value of Rs. 5,000. The profit rate is determined by the 3-month KIBOR plus 1.55%. The total issue size is Rs. ...

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The Hub Power Company Limited Launches Dual Four-Year Sukuks

November 10, 2023 Uncategorized

Karachi: The Hub Power Company Limited has launched two four-year Sukuks. The first, with a profit rate of 3-month KIBOR plus 1.8%, has a market lot of 1 and a face value of Rs. 100,000, with a total issue size of Rs. 7,000,000,000 and an outstanding ...

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AWT – Stock Fund Shows Strong Market Presence

November 10, 2023 Uncategorized

Karachi: The AWT - Stock Fund, operational since 2015, presented an offer price of Rs. 115.82 and a redemption price of Rs. 113.26. The fund, which ends its financial year in June, has been actively involved in the stock market for several years.

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Alfalah GHP Income Fund Reports No Activity

November 10, 2023 Uncategorized

Karachi: The Alfalah GHP Income Fund, listed since 2007, recorded both an offer price and a redemption price at Rs. 0. The fund, focusing on income generation, concludes its financial year each June.

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Allied Capital Protected Fund Reports No Prices in 2023

November 10, 2023 Uncategorized

Karachi: The Allied Capital Protected Fund, operational since 2018, did not report offer or redemption prices for the current year. This fund, which aims to protect capital, concludes its financial year each June.

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Kohinoor Textile Mills Ltd. Reports No Distributions in 2023

November 10, 2023 Uncategorized

Karachi: Kohinoor Textile Mills Ltd. (KTML), listed since 1971, closed at Rs. 77.00. The company distributed 20% in 2021 and 10% in 2022, but reported no distributions in 2023. KTML's paid-up capital is Rs. 4,993.9 million, and its daily weighted aver...

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Jahangir Siddiqui & Co Announces 15% Rate on Preference Right Shares

November 10, 2023 Uncategorized

Karachi: Jahangir Siddiqui & Co has revealed its proposed rights issue at a rate of 15% for its preference shares. The announcement made to the Pakistan Stock Exchange is part of the company’s efforts to raise capital and provide shareholders with an ...

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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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