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Summit Bank Limited Lists Two Separate Rates for Right Issues

October 16, 2023 Uncategorized

Karachi,Summit Bank Limited has announced two different rates for its upcoming right issues, 65% and 11.2443%, as stated in the Pakistan Stock Exchange market report for October 16, 2023.

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AEL Textiles Ltd. Reports No Dividend for 2023, Closes at Rs. 20.00

October 16, 2023 Uncategorized

Karachi,AEL Textiles Ltd. (AEL) closed today at Rs. 20.00 with a daily weighted average rate of Rs. 20.00. The company has not announced any dividend for the year ending June 2023. The paid-up capital of the company stands at Rs. 80 million. The compa...

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K-Electric Limited Introduces 7-Year Sukuk with 3M KIBOR+1.7% Profit Rate

October 16, 2023 Uncategorized

Karachi,K-Electric Limited has launched a 7-Year Sukuk, KELSC5, with a profit rate based on 3M KIBOR plus 1.7%. The total issue size of this Sukuk is Rs. 25,000,000,000, and the next coupon date is set for 03-11-2023.

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Asim Textile Mills Ltd Closes at Rs. 18.75, No Dividend for 2023

October 16, 2023 Uncategorized

Karachi,Asim Textile Mills Ltd (ASTM) closed today at Rs. 18.75. The company has not announced any dividends for the year ending June 2023. The paid-up capital is Rs. 151.77 million. The turnover for the day amounted to 4,023,000 shares.

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GOC(Pak) Limited Reports 25% Distribution for 2023

October 16, 2023 Uncategorized

Karachi,GOC(Pak) Limited, trading under the GOC symbol, posted a stock rate of PKR 43.50. The company announced a 25% distribution for 2023. Their forthcoming general meeting is set for 7th October.

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Paramount Modaraba 1st Closes at Rs. 5.10, 4.5% Dividend for 2021

October 16, 2023 Uncategorized

Karachi,Paramount Modaraba 1st (FPRM) closed at Rs. 5.10 with a daily weighted average rate of Rs. 5.05. A 4.5% dividend was announced for the year ending in June 2021. The paid-up capital is Rs. 137.88 million and the turnover for today was 1,009,000...

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Power Holding Limited Releases Another 10-Year Sukuk at 6M KIBOR-0.1%

October 16, 2023 Uncategorized

Karachi,Power Holding Limited has issued another 10-Year Sukuk, designated as PESC2. This Sukuk offers a profit rate of 6M KIBOR minus 0.1%. The total issue size and the outstanding principal both stand at Rs. 199,966,800,000. The subsequent coupon da...

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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.

  • PM Expresses Satisfaction Over SBP Reserves Reaching Historic High of $21.4b

    3 days ago
  • No One Permitted to March on Islamabad, Declares Mohsin Naqvi

    3 days ago
  • Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

    3 days ago
  • DPM Reviews Implementation of PM’s Special Relief Scheme

    3 days ago
  • Dar Stresses Effective Follow-Up on Foreign Policy Priorities

    3 days ago

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