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

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SECP chairman vows to remove regulatory impediments

20 February 2019: The SECP Chairman, Farrukh Sabzwari, has initiated dialogue with leaders of business associations to have their perspective on the practical impediments faced by the corporate sector in implementing the Companies Act, 2017.

Daily Corporate Roundup

February 20, 2019 (MLN): Nishat Power Limited’s profits for the half year ended December 31, 2018,  improved by 13.7% at Rs. 1.8 billion (EPS: 5.362), as compared to Rs. 1.6 billion earned in same period

MCB’s yearly profit declines by 7%

February 20, 2019 (MLN): Muslim Commercial Bank Limited (MCB)’s profits after tax for the year ended on December 2018 declined by 7% to Rs 20.4 billion as compared to same period last year primarily due

PSX posts 27% decline in half yearly earnings

February 20, 2019 (MLN): The Pakistan Stock Exchange (PSX) has recorded a 27% decline in net profits for the period ended December 2018, realizing gains at Rs.51.9 million and EPS at Rs.0.06. According to the

Mari Petroleum to acquire two new exploration blocks

February 20, 2019 (MLN): Mari Petroleum Company Limited (MARI) has decided to acquire two new exploration blocks which have been provisionally awarded to the company for being the highest bidder in the latest bidding round

Summit Bank replaces external auditors for CY18

February 20, 2019 (MLN): Summit Bank Limited has approved the appointment of M/s. BakerTilly Mehmood Idrees Qamar, Chartered Accounts as the replacement external auditors of the Bank for CY18. This decision was taken upon recommendation

SECP chairman vows to remove regulatory impediments

20 February 2019: The SECP Chairman, Farrukh Sabzwari, has initiated dialogue with leaders of business associations to have their perspective on the practical impediments faced by the corporate sector in implementing the Companies Act, 2017.

Daily Corporate Roundup

February 20, 2019 (MLN): Nishat Power Limited’s profits for the half year ended December 31, 2018,  improved by 13.7% at Rs. 1.8 billion (EPS: 5.362), as compared to Rs. 1.6 billion earned in same period

MCB’s yearly profit declines by 7%

February 20, 2019 (MLN): Muslim Commercial Bank Limited (MCB)’s profits after tax for the year ended on December 2018 declined by 7% to Rs 20.4 billion as compared to same period last year primarily due

PSX posts 27% decline in half yearly earnings

February 20, 2019 (MLN): The Pakistan Stock Exchange (PSX) has recorded a 27% decline in net profits for the period ended December 2018, realizing gains at Rs.51.9 million and EPS at Rs.0.06. According to the

Mari Petroleum to acquire two new exploration blocks

February 20, 2019 (MLN): Mari Petroleum Company Limited (MARI) has decided to acquire two new exploration blocks which have been provisionally awarded to the company for being the highest bidder in the latest bidding round

Summit Bank replaces external auditors for CY18

February 20, 2019 (MLN): Summit Bank Limited has approved the appointment of M/s. BakerTilly Mehmood Idrees Qamar, Chartered Accounts as the replacement external auditors of the Bank for CY18. This decision was taken upon recommendation