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ECC approves bridge financing through CAA’s resources for PIA

October 27, 2023 General

The Economic Coordination Committee of Cabinet has approved bridge financing through Civil Aviation Authority's resources worth 8 billion rupees for PIA to meet emergent requirements of the airline related to overdue payments.The approval was granted a...

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Baluchistan Wheels Ltd. Announces 80% Dividend for Year Ending June 2023

October 26, 2023 Uncategorized

Karachi, Baluchistan Wheels Ltd. (BWHL) has declared an 80% dividend for the year ending June 2023. Today's rate was Rs. 172.00, with a daily weighted average rate of Rs. 172.00. Baluchistan Wheels Ltd. has a paid-up capital of Rs. 133.34 million. The...

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Habib Sugar Mills Ltd. Demonstrates Financial Strength in the Sugar Industry

October 26, 2023 Uncategorized

Karachi, Habib Sugar Mills Ltd. (NC) (HABSM) reported a rate of PKR 38.50 today, with a daily weighted average rate of PKR 38.45. The company boasts a substantial paid-up capital of PKR 750.00 million and a par value of PKR 5. Situated in the sugar an...

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Alfalah GHP Islamic Prosperity Planning Fund Maintains Market Presence

October 26, 2023 Uncategorized

Karachi, Alfalah GHP Islamic Prosperity Planning Fund, an open-end mutual fund operating under Islamic financial guidelines, has maintained its market presence with an offer price of 0 for the financial year ending June 2023. The fund has been a part ...

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Alfalah GHP Prosperity Planning Fund Alfalah GHP Active Allocation Plan Reports Positive Distributions

October 26, 2023 Uncategorized

Karachi, The Alfalah GHP Prosperity Planning Fund Alfalah GHP Active Allocation Plan ended its financial year in June 2023 with an offer price of 107.7. The fund reported distributions of 7.46% for 2021. Since its listing in 2015, it has been providin...

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K-Electric Limited Introduces Sukuk with 7-Year Tenor

October 26, 2023 Uncategorized

Karachi, K-Electric Limited brought forth Sukuk with the symbol KELSC5, featuring a face value of Rs. 5,000 and a tenor of 7 years. This Sukuk offers a profit rate of 3M KIBOR+1.7%. The total issue size for this security is Rs. 25,000,000,000, with an...

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Pioneer Cement Ltd Announces Q3 2023 Financial Results

October 26, 2023 Uncategorized

Karachi, Pioneer Cement Ltd (PIOC), a notable company in the cement industry, has unveiled its financial results for the third quarter of 2023. The company reports a daily weighted average rate of Rs. 102.53, with a current rate of Rs. 101.60. Total t...

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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 Predicts Partly Cloudy Weather Conditions With Rain, Wind and Thundershowers

    2 days ago
  • DPM Reaffirms Pakistan’s Support for UN and Multilateralism

    2 days ago
  • Junaid Calls for Protection of Pakistan’s Mangroves

    2 days ago
  • Investigations Reveal Banned Joint Action Committee’s India Nexus: Tarar

    2 days ago
  • Pakistan and Kazakhstan Collaborate to Launch Joint Research Centre

    2 days ago

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