Pakgen Power Limited Announces Uncontested Election of Directors for Next Term

Karachi, Pakgen Power Limited, a prominent entity in the energy sector, has issued a notice to its members in accordance with Section 159(4) of the Companies Act, 2017. The notice informs that seven members have officially expressed their intention to ...

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MCB-Arif Habib Savings and Investments Declares Daily Dividend for PAKISTAN CASH MANAGEMENT FUND

Karachi, MCB-Arif Habib Savings and Investments Limited, the management company overseeing PAKISTAN CASH MANAGEMENT FUND (PCF), has announced a significant development for the fund's unit holders. This decision, approved by the Chief Executive Officer,...

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VIS Credit Rating Company Upgrades Entity Ratings of Agro Processors and Atmospheric Gases Limited

Karachi, August 23, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has upgraded the entity ratings of Agro Processors and Atmospheric Gases Limited (APAG) from ‘BBB-/A-2’ (Triple B Minus/A-Two) to ‘BBB/A-2’ (Triple B/ A-Two). The medium to long...

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Atlas Asset Management’s Investment Committee to Deliberate Interim Distribution for Multiple Funds

Lahore, Atlas Asset Management Limited (AAML), the distinguished Management Company responsible for overseeing Atlas Money Market Fund (AMF), Atlas Sovereign Fund (ASF), Atlas Income Fund (AIF), Atlas Islamic Money Market Fund (AIMF), and Atlas Islamic...

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Habib Bank Limited Reports Substantial Shareholder’s Acquisition of HBL Shares

Karachi, Habib Bank Limited, a prominent banking institution, has disclosed significant transactions involving shares of the company executed by a substantial shareholder, the Aga Khan Fund for Economic Development. The details of these transactions, c...

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Habib Bank Limited’s GM (Executive) Mr. Fareed Khan Vardag Executes Share Sale

Karachi, Habib Bank Limited (HBL) reports a notable share transaction involving Mr. Fareed Khan Vardag, the General Manager (Executive) of the bank. On August 22, 2023, Mr. Vardag executed a sell transaction, shedding 27,680 shares of the company throu...

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EFG Hermes Pakistan Announces Board Recommendations and Q2 Financial Performance

Karachi, EFG Hermes Pakistan Limited, a leading financial services provider, has disclosed the outcome of its Board of Directors meeting held in Karachi on August 23, 2023. The board's recommendations were put forth and are reflective of the company's ...

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