Karachi, MCB Arif Habib Savings and Investments Limited, the Chief Executive Officer of Pakistan Cash Management Fund (PCF), revealed that the Board of Directors has approved a daily dividend distribution for unit holders. Effective from 07-JUN-23, uni...
Read More »First Elite Capital Modaraba Director Muhammad Javed Amin Discloses Purchase of 1000 Shares
First Elite Capital Modaraba Director Muhammad Javed Amin Discloses Purchase of 1000 Shares
Read More »Lakson Investments Approves Interim Distribution for Lakson Islamic Money Market Fund
Karachi, Lakson Investments Limited, the management company of the Lakson Islamic Money Market Fund, has announced the approval of an interim distribution for the period ended June 06, 2023. The Chief Executive Officer, under the authority of the Board...
Read More »Hira Textile Mills Limited Reports Losses for the Year Ended June 30, 2022, with No Corporate Actions Recommended
Karachi, In a recent meeting held on November 5, 2022, the Board of Directors of a Hira Textile Mills Limited announced their financial results for the year ended on June 30, 2022. The company reported disappointing figures, recording a significant los...
Read More »Mr. Arif Awan Assumes Role as Head of Internal Audit at Pakistan Paper Products Limited
Karachi, In a recent development, Mr. Arif Awan has been appointed as the new Head of Internal Audit at Pakistan Paper Products Limited, effective from June 1, 2023. He will be taking over the responsibilities previously held by Mr. Dawood Ahmed.Pakist...
Read More »Bank AL Habib Limited Announces Book Closure for Tier 2 TFC-2022 “BAHLTFC IO” Profit Payment
Karachi, Bank AL Habib Limited has officially announced the book closure for the first profit payment/redemption of its Tier 2 TFC-2022 "BAHLTFC IO." According to the notification, the profit payment is scheduled for Friday, June 23, 2023.To facilitate...
Read More »Pakistan Spent Just 1.7% of GDP on Education in FY23
The cumulative education expenditures by federal and provincial governments in the fiscal year 2022-23 (FY23) are estimated at 1.77 percent of GDP, which is the lowest in the region.The Economic Survey 2022-23 noted that expenditures on education-rela...
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