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Karachi, Summit Bank Limited, a prominent banking institution, has announced the harmonization of the rating for its issued Tier-2 Term Finance Certificate (TFC). The decision aligns with the provisions set forth in Section 96 and 131 of the Securities...

The post Summit Bank Harmonizes Rating of Tier-2 Term Finance Certificate to ‘B’ appeared first on Pakistan Company News.

Karachi, First Paramount Modaraba, a renowned financial institution, has announced the approval of the formation of a subsidiary by its Board of Directors. This strategic decision follows the necessary approval obtained from the Securities and Exchange...

The post First Paramount Modaraba Approves Formation of Subsidiary to Expand AML CFT Operations appeared first on Pakistan Company News.

Karachi, In a significant development, Security Leasing Corporation Limited (SLCL) has taken decisive steps towards the resumption of commercial production or business operations, as required by regulatory authorities. The company has been diligently w...

The post Security Leasing Corporation Limited Progress Report: Prospective Investors Eager as Negotiations Reach Advanced Stages appeared first on Pakistan Company News.

Karachi, Shezan International Limited, a prominent company in the industry, has made an official announcement regarding recent share transactions carried out by Abid Nawaz, a Non-Executive Director within the organization. The details of these transact...

The post Shezan International Limited Announces Share Transactions by Non-Executive Director Abid Nawaz appeared first on Pakistan Company News.

Karachi, Habib Bank Limited, one of Pakistan's leading financial institutions, has reported a recent transaction involving the sale of shares by Executive Mr. Syed Mohsin Ali Shah. The transaction took place on July 11, 2023, and involved the sale of 9...

The post Habib Bank Limited Executive, Mr. Syed Mohsin Ali Shah, Sells Shares in the Company appeared first on Pakistan Company News.

Karachi, Khalid Siraj Textile Mills Limited, a prominent textile company, has released its Quarterly Progress Report for the quarter ended June 30, 2023, in compliance with PSX Regulation 5.11.2(b). The report highlights the challenges faced by the com...

The post Khalid Siraj Textile Mills Limited Faces Challenges Amidst Difficult Business Environment appeared first on Pakistan Company News.

Karachi, Haji Mohammad Ismail Mills Limited, a textile company, is currently facing a winding-up petition filed by the Securities and Exchange Commission of Pakistan (SECP) in the High Court of Sindh in 2017. As a result, the Pakistan Stock Exchange su...

The post Haji Mohammad Ismail Mills Limited Faces Winding-Up Petition and Seeks Merger Amidst Challenges appeared first on Pakistan Company News.