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

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TPLP to sell its developmental assets to REIT Fund

September 13, 2021 (MLN): The Board of Directors of TPL Properties (TPLP), has given in-principle approval for selling its developmental assets either directly or through SPVs to the REIT Fund to be managed by TPL

THALL enjoys whopping 83% growth in net profits

September 13, 2021 (MLN): Thall Limited (THALL), a diversified conglomerate engaged in the manufacture of Engineering, Building and Packaging products, today has announced its financial statement for the fiscal year 2021. The company has made

NCCPL defers implementation of approved amendments in MF system

September 13, 2021(MLN): National Clearing Company of Pakistan Limited (NCCPL) has announced that implementation of approved amendments in the company’s regulations 2015 pertaining to reforms in Margin Financing System (MFS) has been deferred till September

Weekly Market Roundup

September 12, 2021 (MLN): This week the benchmark KSE-100 index gained nearly 240 points (0.5% WoW) and closed at 47,198 level. The major event during the outgoing week was the MSCI decision to downgrade Pakistan from

PSX Closing Bell: Eight Miles High

September 10, 2021(MLN): The bullish momentum continued at the local bourse on Friday that supported the benchmark KSE-100 index to extend its advance by 573.17 points to settle at 47,198.29, driven by encouraging workers’ remittances

Airlink IPO: GP portion oversubscribed by 3.35mn shares

September 10, 2021 (MLN): JS Global Capital Limited (JSCL) has informed through a notice to PSX that the General Public (GP) portion under Initial Public Offering (IPO) of Airlink Communication Limited has been oversubscribed by

PSO aims to reach 50% market share in OMC space

September 10, 2021 (MLN): Pakistan State Oil Company Limited (PSO) has aimed to reach a 50% market share in Oil and Marketing Companies (OMC) space as it expects MS and HSD demand to grow by

BankIslami Pakistan wins restitution claim in USA Court

September 10, 2021: BankIslami, Pakistan’s leading Islamic finance institution, has emerged victorious and won a restitution case in the US as one of the victims of cybercrime that occurred in 2018. This is a significant

FFC Delegation visits Central Depository Center, Karachi

September 10, 2021: Fauji Fertilizer Company Limited (FFC) delegation comprising Company Secretary, Brig (R) Asrat Mahmood and Manager Shares, Syed Imran Rizvi visited the Central Depository Center (CDC), Karachi on September 09, 2021, and met

MFL: Bottom line turns red

September 10, 2021 (MLN): Matco Foods Limited (MFL) has incurred losses of Rs53 million (LPS: 0.43) for the year ended June 30, 2021, against the consolidated profits of Rs139.4mn (EPS: 1.14) recorded in the previous

DGKC successfully completes 2nd phase of installation of CFPP

September 10, 2021 (MLN): D.G. Khan Cement (DGKC) has successfully completed the second phase installation and commissioning of 30MW Captive Coal-Fired Power Plant (CFPP) with Air Cooled Condenser (ACC) technology, at Hub site, Distt. Lasbela

PSX Closing Bell Journey Through the Past

September 9, 2021 (MLN): Following three consecutive negative sessions, the bourse took on a bullish course in today’s session, leading the KSE-100 benchmark index with 228 points gain to close at 46,625 level, up by

TPLP to sell its developmental assets to REIT Fund

September 13, 2021 (MLN): The Board of Directors of TPL Properties (TPLP), has given in-principle approval for selling its developmental assets either directly or through SPVs to the REIT Fund to be managed by TPL

THALL enjoys whopping 83% growth in net profits

September 13, 2021 (MLN): Thall Limited (THALL), a diversified conglomerate engaged in the manufacture of Engineering, Building and Packaging products, today has announced its financial statement for the fiscal year 2021. The company has made

NCCPL defers implementation of approved amendments in MF system

September 13, 2021(MLN): National Clearing Company of Pakistan Limited (NCCPL) has announced that implementation of approved amendments in the company’s regulations 2015 pertaining to reforms in Margin Financing System (MFS) has been deferred till September

Weekly Market Roundup

September 12, 2021 (MLN): This week the benchmark KSE-100 index gained nearly 240 points (0.5% WoW) and closed at 47,198 level. The major event during the outgoing week was the MSCI decision to downgrade Pakistan from

PSX Closing Bell: Eight Miles High

September 10, 2021(MLN): The bullish momentum continued at the local bourse on Friday that supported the benchmark KSE-100 index to extend its advance by 573.17 points to settle at 47,198.29, driven by encouraging workers’ remittances

Airlink IPO: GP portion oversubscribed by 3.35mn shares

September 10, 2021 (MLN): JS Global Capital Limited (JSCL) has informed through a notice to PSX that the General Public (GP) portion under Initial Public Offering (IPO) of Airlink Communication Limited has been oversubscribed by

PSO aims to reach 50% market share in OMC space

September 10, 2021 (MLN): Pakistan State Oil Company Limited (PSO) has aimed to reach a 50% market share in Oil and Marketing Companies (OMC) space as it expects MS and HSD demand to grow by

BankIslami Pakistan wins restitution claim in USA Court

September 10, 2021: BankIslami, Pakistan’s leading Islamic finance institution, has emerged victorious and won a restitution case in the US as one of the victims of cybercrime that occurred in 2018. This is a significant

FFC Delegation visits Central Depository Center, Karachi

September 10, 2021: Fauji Fertilizer Company Limited (FFC) delegation comprising Company Secretary, Brig (R) Asrat Mahmood and Manager Shares, Syed Imran Rizvi visited the Central Depository Center (CDC), Karachi on September 09, 2021, and met

MFL: Bottom line turns red

September 10, 2021 (MLN): Matco Foods Limited (MFL) has incurred losses of Rs53 million (LPS: 0.43) for the year ended June 30, 2021, against the consolidated profits of Rs139.4mn (EPS: 1.14) recorded in the previous

DGKC successfully completes 2nd phase of installation of CFPP

September 10, 2021 (MLN): D.G. Khan Cement (DGKC) has successfully completed the second phase installation and commissioning of 30MW Captive Coal-Fired Power Plant (CFPP) with Air Cooled Condenser (ACC) technology, at Hub site, Distt. Lasbela

PSX Closing Bell Journey Through the Past

September 9, 2021 (MLN): Following three consecutive negative sessions, the bourse took on a bullish course in today’s session, leading the KSE-100 benchmark index with 228 points gain to close at 46,625 level, up by