Karachi, The Pak Oman Advantage Asset Allocation Fund and the Pak Oman Advantage Islamic Income Fund have reported their financials for the year ending June 2023. The asset allocation fund had an offer price of 45.58 and a redemption price of 44.33 with no distributions made for the year. Meanwhile, the Islamic income fund reported an increase in distributions, providing Rs 2.4721 per unit in 2022 and Rs 3.6433 per unit in 2023. Both funds were listed in 2009 and 2008, respectively.
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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance
Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...
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