September 28, 2021: Creditors are expected to soon restructure TeleCard’s outstanding TFC loan of Rs700 million, which would pave the way for the regulatory approvals for the planned IPO of its subsidiary, Supernet, the company
September 27, 2021 (MLN): The shareholders of Service Fabric Limited (SERF) in an extraordinary general meeting held on September 25, 2021, have approved the investment of Rs650million in Kilowatt Labs Technologies Limited for the setup
September 27, 2021 (MLN): Bears once again dominated Pakistan Stock Exchange on Monday, with the benchmark KSE-100 index shedding 255 points during the session to close at 44,817 points. The market opened with a slightly
September 27, 2021 (MLN): Sitara Peroxide Limited (SPL) announced its FY21 results today, as per which the company posted profits after tax of Rs34.7mn which was 53% YoY lower than the profits of Rs74.26mn in
September 27, 2021 (MLN): The management of the Organic Meat Company Limited (TOMCL) has informed the exchange through a notification that the company has secured a high-value contract for a supply of 250 MT frozen
September 26, 2021 (MLN): This week the benchmark KSE-100 index lost nearly 1,562 points (3.35% WoW) and closed at 45,073 level. During the week market witnessed six consecutive bearish sessions as the meagre rise in
September 24, 2021 (MLN): The local bourse extended a bearish spell on Friday owing to the lack of positive triggers and a roll-over week. The State Bank of Pakistan (SBP) has revised Prudential Regulations (PRs) for
September 24, 2021 (MLN): The management of Dawood Equities Limited has informed via notification to exchange that the Pakistan Credit Rating Agency Limited (PACRA) recently assigned Initial Entity Rating to the company at A- for
Sep 24, 2021: Minister for Aviation Division Ghulam Sarwar Khan on Friday informed the Senate that the incumbent government inherited huge financial losses of Pakistan International Airlines (PIA) but managed to reduce it drastically from
September 24, 2021 (MLN): BYCO Petroleum Pakistan Limited has returned to profitability following two years of losses. In the latest financial results of FY21 ended on June 30, 202, the company made a net profit
September 24, 2021 (MLN): K-Electric Limited (KE) has received intimation for extension in the timeline for making a Public Announcement of Offer (PAO) by Shanghai Electric Power Company Limited to acquire up to 18,335,542,678 ordinary
September 24, 2021: PACRA has maintained the rating of Engro PowerGen Thar (Private) Limited at ‘AA-’ for the long-term, and A1 for the short term, along with a ‘stable’ outlook. Engro Energy Limited (EEL) along
September 23, 2021 (MLN): The capital market witnessed a rebound early on with the KSE-100 index printing an intraday high of 342 points. However, the index gave up gains as investors indulged in aggressive selling
September 23, 2021 (MLN): K-Electric (KEL) has submitted its request to National Electric and Power Regulatory Authority (NEPRA) for monthly fuel charges adjustment (own and power purchases) for the month of August 2021. In a
September 23, 2021 (MLN): The Board of Directors of ORIX Leasing Pakistan Limited (OLPL) has decided to rebrand the Company in line with the vision of enhancing its corporate image as an SME-focused financial services
September 28, 2021: Creditors are expected to soon restructure TeleCard’s outstanding TFC loan of Rs700 million, which would pave the way for the regulatory approvals for the planned IPO of its subsidiary, Supernet, the company
September 27, 2021 (MLN): The shareholders of Service Fabric Limited (SERF) in an extraordinary general meeting held on September 25, 2021, have approved the investment of Rs650million in Kilowatt Labs Technologies Limited for the setup
September 27, 2021 (MLN): Bears once again dominated Pakistan Stock Exchange on Monday, with the benchmark KSE-100 index shedding 255 points during the session to close at 44,817 points. The market opened with a slightly
September 27, 2021 (MLN): Sitara Peroxide Limited (SPL) announced its FY21 results today, as per which the company posted profits after tax of Rs34.7mn which was 53% YoY lower than the profits of Rs74.26mn in
September 27, 2021 (MLN): The management of the Organic Meat Company Limited (TOMCL) has informed the exchange through a notification that the company has secured a high-value contract for a supply of 250 MT frozen
September 26, 2021 (MLN): This week the benchmark KSE-100 index lost nearly 1,562 points (3.35% WoW) and closed at 45,073 level. During the week market witnessed six consecutive bearish sessions as the meagre rise in
September 24, 2021 (MLN): The local bourse extended a bearish spell on Friday owing to the lack of positive triggers and a roll-over week. The State Bank of Pakistan (SBP) has revised Prudential Regulations (PRs) for
September 24, 2021 (MLN): The management of Dawood Equities Limited has informed via notification to exchange that the Pakistan Credit Rating Agency Limited (PACRA) recently assigned Initial Entity Rating to the company at A- for
Sep 24, 2021: Minister for Aviation Division Ghulam Sarwar Khan on Friday informed the Senate that the incumbent government inherited huge financial losses of Pakistan International Airlines (PIA) but managed to reduce it drastically from
September 24, 2021 (MLN): BYCO Petroleum Pakistan Limited has returned to profitability following two years of losses. In the latest financial results of FY21 ended on June 30, 202, the company made a net profit
September 24, 2021 (MLN): K-Electric Limited (KE) has received intimation for extension in the timeline for making a Public Announcement of Offer (PAO) by Shanghai Electric Power Company Limited to acquire up to 18,335,542,678 ordinary
September 24, 2021: PACRA has maintained the rating of Engro PowerGen Thar (Private) Limited at ‘AA-’ for the long-term, and A1 for the short term, along with a ‘stable’ outlook. Engro Energy Limited (EEL) along
September 23, 2021 (MLN): The capital market witnessed a rebound early on with the KSE-100 index printing an intraday high of 342 points. However, the index gave up gains as investors indulged in aggressive selling
September 23, 2021 (MLN): K-Electric (KEL) has submitted its request to National Electric and Power Regulatory Authority (NEPRA) for monthly fuel charges adjustment (own and power purchases) for the month of August 2021. In a
September 23, 2021 (MLN): The Board of Directors of ORIX Leasing Pakistan Limited (OLPL) has decided to rebrand the Company in line with the vision of enhancing its corporate image as an SME-focused financial services
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