June 24, 2021 (MLN): The Pakistan Credit Rating Agency Limited (PACRA) has assigned Avanceon Limited an initial entity rating in its latest report released on June 11, 2021. Avanceon Limited has received an A-in long
June 24, 2021: Jazz has secured Rs50billion syndicated credit facility from a banking consortium led by HBL. This 10-year facility will be used to finance the company’s ongoing 4G network rollouts and technology upgradation. This
June 23, 2021: The book-building phase of Pakistan Aluminum Beverage Cans Ltd (PABC)'s Initial Public Offer (IPO) has concluded with an oversubscription of 3.3 times, the company said on Wednesday. The IPO received an overwhelming
June 23, 2021 (MLN): The Pakistan Stock Market (PSX) on Wednesday opened on a positive note as the finance minister showed his interest to include a 10years income tax holiday for refineries in Finance Bill.
June 23, 2021 (MLN): The textile sector of Pakistan is one of the major sources of foreign exchange earnings. Despite facing challenging times during the strict lockdown amid the Covid-19 pandemic, the sector utilized its
June 23, 2021 (MLN): PVC-Ethylene margins have increased by 4% WoW or US$38/ton, reaching around US$940/ton from US$902/ton in the international market. The increase in margins is attributable to an 8% WoW decline in Ethylene
June 23, 2021 (MLN): The Board of Directors of Landmark Spinning Industries Limited have decided to withdraw the voluntary Delisting application of shares of the company from the Pakistan Stock Exchange Limited. The decision came
June 23, 2021: VIS Credit Rating Company Limited (VIS) has maintained entity ratings of Sapphire Textile Mills Limited (STML) at ‘A+/A-1’ (Single A Plus/A-One). The assigned ratings have been placed on the ‘Stable’ outlook from
June 23, 2021 (MLN): Next Capital Limited has received a Public Announcement of Intention (PAI) from Alfalah CLSA Securities (Pvt.) Ltd, the Manager to the Offer acting on behalf of the Acquirers to acquire up
June 22, 2021 (MLN): The local bourse witnessed another lackluster trading session today, where the benchmark KSE-100 index oscillated both ways, and finally concluded in the red zone. The choppy behavior of the market was
June 22, 2021 (MLN): Ghani Global Glass Limited, in an announcement to Pakistan Stock Exchange, said that the Securities and Exchange Commission of Pakistan (SECP) has approved the Company’s Employee Stock Option Scheme (ESOS). As
June 22, 2021 (MLN): The Board of Directors of Macter International Limited (MACTER), in their meeting held today, have decided to increase the paid-up share capital of the Company by the issue of a further
June 21, 2021 (MLN): After a day’s breather, the capital market traded in a narrow range, with the KSE-100 index touching an intraday high of 132 points to eventually close the session in red at
June 21, 2021 (MLN): Ittefaq Iron Industries Limited (ITTEFAQ), a leading producer of long steel and ancillary products, conducted a corporate briefing session on Friday, to discuss 9MFY21 results. The major angle of the session
June 21, 2021 (MLN): The board of directors of Bhanero Textile Mills Limited (BHAT), in their meeting held today, has unanimously approved the sale of 67.74 acres of land either partially or entirely under the
June 24, 2021 (MLN): The Pakistan Credit Rating Agency Limited (PACRA) has assigned Avanceon Limited an initial entity rating in its latest report released on June 11, 2021. Avanceon Limited has received an A-in long
June 24, 2021: Jazz has secured Rs50billion syndicated credit facility from a banking consortium led by HBL. This 10-year facility will be used to finance the company’s ongoing 4G network rollouts and technology upgradation. This
June 23, 2021: The book-building phase of Pakistan Aluminum Beverage Cans Ltd (PABC)'s Initial Public Offer (IPO) has concluded with an oversubscription of 3.3 times, the company said on Wednesday. The IPO received an overwhelming
June 23, 2021 (MLN): The Pakistan Stock Market (PSX) on Wednesday opened on a positive note as the finance minister showed his interest to include a 10years income tax holiday for refineries in Finance Bill.
June 23, 2021 (MLN): The textile sector of Pakistan is one of the major sources of foreign exchange earnings. Despite facing challenging times during the strict lockdown amid the Covid-19 pandemic, the sector utilized its
June 23, 2021 (MLN): PVC-Ethylene margins have increased by 4% WoW or US$38/ton, reaching around US$940/ton from US$902/ton in the international market. The increase in margins is attributable to an 8% WoW decline in Ethylene
June 23, 2021 (MLN): The Board of Directors of Landmark Spinning Industries Limited have decided to withdraw the voluntary Delisting application of shares of the company from the Pakistan Stock Exchange Limited. The decision came
June 23, 2021: VIS Credit Rating Company Limited (VIS) has maintained entity ratings of Sapphire Textile Mills Limited (STML) at ‘A+/A-1’ (Single A Plus/A-One). The assigned ratings have been placed on the ‘Stable’ outlook from
June 23, 2021 (MLN): Next Capital Limited has received a Public Announcement of Intention (PAI) from Alfalah CLSA Securities (Pvt.) Ltd, the Manager to the Offer acting on behalf of the Acquirers to acquire up
June 22, 2021 (MLN): The local bourse witnessed another lackluster trading session today, where the benchmark KSE-100 index oscillated both ways, and finally concluded in the red zone. The choppy behavior of the market was
June 22, 2021 (MLN): Ghani Global Glass Limited, in an announcement to Pakistan Stock Exchange, said that the Securities and Exchange Commission of Pakistan (SECP) has approved the Company’s Employee Stock Option Scheme (ESOS). As
June 22, 2021 (MLN): The Board of Directors of Macter International Limited (MACTER), in their meeting held today, have decided to increase the paid-up share capital of the Company by the issue of a further
June 21, 2021 (MLN): After a day’s breather, the capital market traded in a narrow range, with the KSE-100 index touching an intraday high of 132 points to eventually close the session in red at
June 21, 2021 (MLN): Ittefaq Iron Industries Limited (ITTEFAQ), a leading producer of long steel and ancillary products, conducted a corporate briefing session on Friday, to discuss 9MFY21 results. The major angle of the session
June 21, 2021 (MLN): The board of directors of Bhanero Textile Mills Limited (BHAT), in their meeting held today, has unanimously approved the sale of 67.74 acres of land either partially or entirely under the
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