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JS Bank Limited Announces 7-Year TFC with Next Coupon Due in December 2023

November 3, 2023 Uncategorized

Karachi: JS Bank Limited has successfully placed a 7-year Term Finance Certificate (Tier-II), with a face value of Rs. 100,000 per certificate. The profit rate is pegged to the 6-month Karachi Interbank Offered Rate (KIBOR) plus an additional 2.0%, in...

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Alfalah GHP Islamic Prosperity Planning Fund Reports Zero Prices and Distributions

November 3, 2023 Uncategorized

Karachi: The Alfalah GHP Islamic Prosperity Planning Fund has recorded both an offer price and redemption price of Rs. 0 for June 2023. Since its listing in 2017, there have been no distributions noted for the current year.

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OLP Modaraba Reports 29% Distribution and Maintains Steady Share Rate

November 3, 2023 Uncategorized

Karachi: OLP Modaraba (OLPM) today reported a closing share rate of Rs. 11.69, with a daily weighted average rate almost equal at Rs. 11.68. With a paid-up capital of Rs. 453.83 million, OLPM announced a 29% distribution for the year ending in June, c...

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Adam Sugar Mills Ltd Reports Moderate Dividend Amidst Active Trading

November 3, 2023 Uncategorized

Karachi: Adam Sugar Mills Ltd (ADAMS) traded at a closing rate of Rs. 34.95 per share, with a daily weighted average rate of Rs. 34.53. The company announced a 15% first interim dividend for the year, following 25% in 2022 and 20% in 2021. With a paid...

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HBL Total Treasury ETF Posts Trade at Rs. 10.82

November 3, 2023 Uncategorized

Karachi: HBL Total Treasury ETF (HBLTETF), dated 02-Nov-23, traded at Rs. 10.82, with the fund's size at Rs. 537.670 million. There is no declared distribution, but an effective yield of 14% is noted. With a market lot of 500 and a par value of Rs. 10...

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United Distributors Pakistan Ltd Reports Steady Market Performance

November 3, 2023 Uncategorized

Karachi: United Distributors Pakistan Ltd (UDPL) closed its shares at Rs. 44.00, which is consistent with the daily weighted average rate. With a paid-up capital of Rs. 352.71 million, the company did not list any distributions for the preceding three...

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East West Insurance Co. Issues Ballot Paper for Extraordinary General Meeting Voting

November 3, 2023 Uncategorized

Karachi: East West Insurance Co., Ltd. has released a Ballot Paper in accordance with Regulation 8 of the Companies (Postal Ballot) Regulation, 2018. This document has been disseminated for postal voting and is also accessible on the company's officia...

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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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