Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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HACC resumes commercial activities

HACC resumes commercial activities

August 2, 2022 (MLN): Hashimi Can Company Limited (HACC) has resumed commercial activities/business operations, the company’s filing on the bourse showed today. For this purpose, the auditor of the Company has issued the necessary certificate

ICI Pakistan to change name to Lucky Core Industries

ICI Pakistan to change name to Lucky Core Industries

August 02, 2022 (MLN): The Board of Directors of ICI Pakistan approved the change of the name of the company from ICI Pakistan Limited to Lucky Core Industries Limited, the company’s filing on PSX said

OMCs sales dip by 26% MoM in July

OMCs sales dip by 26% MoM in July

August 1, 2022 (MLN): Pakistan’s oil marketing companies (OMCs)’ sales declined in July for the second consecutive month by 26% MoM to 1.44 million tons (MTs), the lowest level since Feb 2021. This was mainly

SECP to introduce Digital Asset Management Companies

SECP to introduce Digital Asset Management Companies

 August 1, 2022: The Securities and Exchange Commission of Pakistan (SECP) has introduced the concept of Digital Asset Management Companies (AMCs), to promote financial inclusion and to simplify investment in AMCs. A concept paper in

PSX Closing Bell: The High Fells

PSX Closing Bell: The High Fells

August 1, 2022 (MLN): Domestic equities witnessed lackluster session on the first day of the week amid lack of fresh triggers and low volumes. The market opened on a positive note as the possibility of

Soneri Bank to raise Tier-2 capital up to Rs4bn face value

Soneri Bank to raise Tier-2 capital up to Rs4bn face value

August 01, 2022 (MLN): The Board of Directors of Soneri Bank Limited (SNBL) has approved raising Tier-2 Capital as redeemable capital in the form of listed, rated, subordinated and unsecured Term Finance Certificates (TFC-III) up

CCP approves demerger of Allied Rental Modaraba

CCP approves demerger of Allied Rental Modaraba

August 1, 2022 (MLN): The Competition Commission of Pakistan (CCP) has conveyed a “No Objection” on the proposed demerger of Allied Rental Modaraba, the company filing on PSX said today. The management of Modaraba said

System Ltd’s OneLoad secures $11mn in additional funding

System Ltd’s OneLoad secures $11mn in additional funding

August 1, 2022 (MLN): OneLoad, by Systems Limited’s subsidiary EP Systems, has recently secured $11 million in additional funding, company’s filing on the bourse showed today. OneLoad, is one of Pakistan’s leading fintech companies for

Supernet awarded new multi-year project worth R450mn

Supernet awarded new multi-year project worth R450mn

August 01, 2022 (MLN): Supernet Limited (PSX: GEMSPNL), in conjunction with their Japanese technology partner Trend Micro Incorporated, has been awarded a new multi-year project for the acclaimed “Tipping Point” Threat Protection System (TPS) by

Govt declines petrol prices by Rs3.05 per litre

Govt declines petrol prices by Rs3.05 per litre

August 1, 2022 (MLN): The federal government has decided to reduce petrol prices by Rs3.05 per litre and increase the price of diesel by Rs8.95 per litre, Federal Minister for Finance and Revenue Miftah Ismail

HACC resumes commercial activities

HACC resumes commercial activities

August 2, 2022 (MLN): Hashimi Can Company Limited (HACC) has resumed commercial activities/business operations, the company’s filing on the bourse showed today. For this purpose, the auditor of the Company has issued the necessary certificate

ICI Pakistan to change name to Lucky Core Industries

ICI Pakistan to change name to Lucky Core Industries

August 02, 2022 (MLN): The Board of Directors of ICI Pakistan approved the change of the name of the company from ICI Pakistan Limited to Lucky Core Industries Limited, the company’s filing on PSX said

OMCs sales dip by 26% MoM in July

OMCs sales dip by 26% MoM in July

August 1, 2022 (MLN): Pakistan’s oil marketing companies (OMCs)’ sales declined in July for the second consecutive month by 26% MoM to 1.44 million tons (MTs), the lowest level since Feb 2021. This was mainly

SECP to introduce Digital Asset Management Companies

SECP to introduce Digital Asset Management Companies

 August 1, 2022: The Securities and Exchange Commission of Pakistan (SECP) has introduced the concept of Digital Asset Management Companies (AMCs), to promote financial inclusion and to simplify investment in AMCs. A concept paper in

PSX Closing Bell: The High Fells

PSX Closing Bell: The High Fells

August 1, 2022 (MLN): Domestic equities witnessed lackluster session on the first day of the week amid lack of fresh triggers and low volumes. The market opened on a positive note as the possibility of

Soneri Bank to raise Tier-2 capital up to Rs4bn face value

Soneri Bank to raise Tier-2 capital up to Rs4bn face value

August 01, 2022 (MLN): The Board of Directors of Soneri Bank Limited (SNBL) has approved raising Tier-2 Capital as redeemable capital in the form of listed, rated, subordinated and unsecured Term Finance Certificates (TFC-III) up

CCP approves demerger of Allied Rental Modaraba

CCP approves demerger of Allied Rental Modaraba

August 1, 2022 (MLN): The Competition Commission of Pakistan (CCP) has conveyed a “No Objection” on the proposed demerger of Allied Rental Modaraba, the company filing on PSX said today. The management of Modaraba said

System Ltd’s OneLoad secures $11mn in additional funding

System Ltd’s OneLoad secures $11mn in additional funding

August 1, 2022 (MLN): OneLoad, by Systems Limited’s subsidiary EP Systems, has recently secured $11 million in additional funding, company’s filing on the bourse showed today. OneLoad, is one of Pakistan’s leading fintech companies for

Supernet awarded new multi-year project worth R450mn

Supernet awarded new multi-year project worth R450mn

August 01, 2022 (MLN): Supernet Limited (PSX: GEMSPNL), in conjunction with their Japanese technology partner Trend Micro Incorporated, has been awarded a new multi-year project for the acclaimed “Tipping Point” Threat Protection System (TPS) by

Govt declines petrol prices by Rs3.05 per litre

Govt declines petrol prices by Rs3.05 per litre

August 1, 2022 (MLN): The federal government has decided to reduce petrol prices by Rs3.05 per litre and increase the price of diesel by Rs8.95 per litre, Federal Minister for Finance and Revenue Miftah Ismail