Tariq Corporation Ltd. Preference Shares Unchanged in Annual Distribution

Karachi: Trading at Rs. 10.34, Tariq Corporation Ltd.’s preference shares (TCORPCPS) maintained a status quo with no annual distribution for the year 2023. The preference shares, with a paid-up capital of Rs. 144.45 million, mirrored the ordinary shares’ trend of no distributions. These shares have a par value of Rs. 10 and a market lot of 500. Despite being recently listed in 2022, the preference shares saw a turnover of 16,000 and hit a high rate of Rs. 3.55. The previous book closure date was on January 21, matching that of the ordinary shares.