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United Bank Limited’s Tier-I TFC: Next Coupon Date on January 29, 2024

November 6, 2023 Uncategorized

Karachi: United Bank Limited's Tier-I TFC, with a face value of Rs. 5,000 per Mkt. Lot and a perpetual tenor, offers a profit rate of "3M KIBOR + 1.55%". The total issue size for this security is Rs. 10,000,000,000, and the outstanding principal remai...

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AKD Opportunity Fund Delivers Robust 26.00% Distribution Amid Market Volatility

November 6, 2023 Uncategorized

Karachi: The AKD Opportunity Fund has declared an impressive distribution of 26.00% for the financial year, despite no distributions following in the subsequent period. The fund's offer price was noted at PKR 99.65, with a redemption price of PKR 96.7...

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DHA Multan Announces Deadline Extension for Instalment Payments

November 6, 2023 Business

MULTAN, The Defence Housing Authority (DHA) in Multan has recently announced an extension for clearing outstanding instalments. This decision, aimed at facilitating members, was communicated through an official post on the DHA Multan Facebook page.Acco...

The post DHA Multan Announces Deadline Extension for Instalment Payments appeared first on Pakistan Business News.

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Emco Industries Holds Steady with Modest Dividend

November 6, 2023 Uncategorized

Karachi: Emco Industries Ltd., a stalwart in the cable and electrical goods sector, recorded a closing share price of PKR 27.25 and a daily weighted average rate of PKR 27.57. The company, with a paid-up capital of PKR 350 million, declared a consiste...

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Faysal Financial Sector Opportunity Fund Announces 5% Distribution

November 6, 2023 Uncategorized

Karachi: Ending June 2023, the Faysal Financial Sector Opportunity Fund has declared a 5.00% distribution, which results in Rs 4.67 per unit. With an offer price of Rs 106.87 and a redemption price of Rs 104.5, the fund has been part of the PSE roster...

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ABL Funds Announces Electronic Credit of Interim Cash Dividend to Shareholders

November 6, 2023 Uncategorized

Karachi: ABL Funds has announced the electronic disbursement of an interim cash dividend for the financial year ending November 5, 2023. Shareholders have received a dividend of Rs. 0.0165 per share, which equates to 0.165056 percent, into their desig...

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ABL Islamic Financial Planning Fund Registers No Distributions for June 2023

November 6, 2023 Uncategorized

Karachi: ABL Islamic Financial Planning Fund has not reported any distributions for the year ending June 2023. The fund, established in 2016, had its previous book closure on June 29, 2022.

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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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