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Sindh Modaraba Posts Solid Dividends and Share Performance

Karachi, Sindh Modaraba has consistently rewarded its shareholders with a 12.50% dividend, following a previous distribution of 12%. According to information available from the Pakistan Stock Exchange (PSX), the firm holds a paid-up capital of 450.00 million rupees and a share price that settled at 10.60. The company’s shares have fluctuated between a high of 10.5 and a low of 7.7, with a trading volume of 145,500 shares. Since its 2015 listing, Sindh Modaraba has shown steady financial growth, as indicated by an earnings per share of 10.5 from January to April 2024.

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Mandviwalla Mauser Plastic Industries Receives Acquisition Proposal

Karachi, Mandviwalla Mauser Plastic Industries Limited has been approached by Meskay & Femtee Trading Company (Private) Limited with a proposal to acquire 21,391,485 voting shares, which constitutes 74.41% of the company's paid-up capital. Accor...