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Askari Bank Limited Announces Tier-II TFC with Coupon Payment Scheduled for December 2023

November 7, 2023 Uncategorized

Karachi: Askari Bank Limited has issued a Tier-II TFC with a 10-year tenor and a profit rate of 3-month KIBOR plus 1.2%. The TFC has a total issue size of PKR 6 billion, all of which remains outstanding. The upcoming coupon date is set for 17th Decemb...

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International Industries Ltd. Announces Robust Dividend and Positive EPS

November 7, 2023 Uncategorized

Karachi: International Industries Ltd. (NC), trading with the symbol INIL, has announced a healthy dividend payout of 100% for 2021, 80% for 2022, and 75% for 2023. The company's share rate stands at PKR 110.11 today, with a daily weighted average rat...

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Telecard Limited’s TFC Fully Redeemed; Next Coupon Was Due December 2021

November 7, 2023 Uncategorized

Karachi: Telecard Limited had issued a Term Finance Certificate (TFC), symbol TELE TFC, with a tenor of 6 years and a profit rate tied to the 3-month KIBOR plus 0%. The total issue size was 2.4 billion rupees, which has now been fully redeemed. The la...

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Interloop Ltd. Witnesses Significant Closing Gain on the Pakistan Stock Exchange

November 7, 2023 Uncategorized

Karachi: Interloop Ltd. experienced a notable increase in its closing price during today's trading on the Pakistan Stock Exchange. The textile giant opened the day at PKR 57.49 and closed significantly higher at PKR 59.88. The stock hit a low of PKR 5...

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Power Holding Limited Secures Financing through Sukuk; Coupon Due March 2024

November 7, 2023 Uncategorized

Karachi: Power Holding Limited has secured financing via a Sukuk with a 10-year tenor and a profit rate of the 6-month KIBOR plus 0.8%. The substantial issue size of PKR 200 billion is fully outstanding. The next coupon is expected to be paid on 01st ...

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BECO Steel Ltd Ends Day at PKR 7.31; Announces 10% Dividend

November 7, 2023 Uncategorized

Karachi: BECO Steel Ltd, trading as BECO, ended the day at PKR 7.31. The company declared a 10% dividend for June. Since its 1989 listing, it reached a high of PKR 11 and a low of PKR 6.95, with a turnover of 8,719,500 shares and an EPS of PKR 0.09 fo...

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Ghani Glass Ltd Announces Dividend and Rights Issue; Shares at PKR 25.58

November 7, 2023 Uncategorized

Karachi: Ghani Glass Ltd, listed as GHGL, closed at PKR 25.58. The company declared dividends of 95% and 55% rights, followed by 25% and 20% along with a 19.1% bonus for June. Since its 1994 listing, the stock reached a high of PKR 39.15 and a low of ...

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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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