Karachi, In a recent meeting held on May 6, 2023, the Board of Directors of Allawasaya Textile and Fishing Mills Limited made important decisions regarding the company's operations.Firstly, the Board confirmed the minutes of the previous meeting held o...
Read More »United Insurance Company of Pakistan pays 10% interim cash dividend to shareholders
Karachi, United Insurance Company of Pakistan Limited has announced the payment of interim cash dividend at the rate of 10% (Rs. 1.00 per share) to its entitled shareholders. The payment was electronically credited on May 10, 2023, into the valid Inter...
Read More »Major Cities Across Pakistan to Face Fuel Shortage
Oil marketing companies (OMCs) are struggling to maintain supplies in Lahore and other Pakistani cities due to the law and order situation.Petroleum dealers have warned that more than 50% of filling stations could run dry, raising concerns among citiz...
Read More »FBR Imposes Restrictions on Importers of STZs
The Federal Board of Revenue (FBR) has imposed restrictions on the importers of the Special Technology Zones (STZs) on the import of goods to be used within the said zones.The FBR issued S.R.O. 536(I)/2023 for introducing draft amendments in the Custo...
Read More »CEO Resigns from IBL Modaraba Management, Prompts Changes in Leadership
Karachi, in a surprising turn of events, Mr. Aamir Manzoor has tendered his resignation as the Chief Executive of IBL Modaraba Management (Pvt.), the esteemed management company responsible for overseeing operations at First IBL Modaraba. This unexpect...
Read More »UBL Fund Managers Limited Announces Interim Cash Dividend for UBL Special Savings Plan V
Karachi, UBL Fund Managers Limited, a leading investment management company, has announced an interim cash dividend for UBL Special Savings Plan V, a part of the UBL Special Savings Fund. The Chief Executive Officer, acting under the authority granted ...
Read More »Data Textiles Limited Announces Suspension of Trading and Book Closure Dates for Shareholder Entitlements
Karachi, Data Textiles Limited has recently revealed important dates regarding the suspension of trading and book closure, as well as the dissolution of the company by order of the Honorable Lahore High Court.According to the announcement, the entitlem...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service