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Allawasaya Textile and Fishing Mills Approves Loan Proposal from Directors, Defers Decision on Land Sale

May 10, 2023 Board Meetings

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...

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United Insurance Company of Pakistan pays 10% interim cash dividend to shareholders

May 10, 2023 Board Meetings

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...

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Major Cities Across Pakistan to Face Fuel Shortage

May 10, 2023 Business

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...

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FBR Imposes Restrictions on Importers of STZs

May 10, 2023 Business

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...

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CEO Resigns from IBL Modaraba Management, Prompts Changes in Leadership

May 10, 2023 Uncategorized

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...

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UBL Fund Managers Limited Announces Interim Cash Dividend for UBL Special Savings Plan V

May 10, 2023 Uncategorized

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 ...

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Data Textiles Limited Announces Suspension of Trading and Book Closure Dates for Shareholder Entitlements

May 10, 2023 Uncategorized

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...

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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.

  • PMD Forecasts Rain-Wind/Thundershower Across Several Regions

    2 days ago
  • UNESCO Adds 12 More Pakistani Sites to Tentative World Heritage List

    2 days ago
  • President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

    2 days ago
  • Sindh Government Launches Initiative to Restore Indus Delta

    2 days ago
  • DPM, Uzbek FM Discuss Matters of Mutual Interest

    2 days ago

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