PSX Stock Market

SECP enlisted Investors Hub (Ascamo Analytics Pvt Ltd) in list of Notified Research Entities

Investors Hub is a brand of Ascamo Analytics (Pvt) Limited. It provides financial analytics and digital solutions to the entities of the capital markets. By the Grace of Allah Almighty, the Securities Exchange and Commission of Pakistan (SECP) has enlisted the Investors Hub, a brand of Ascamo Analytics (Private) Limited in the list of Notified […]

Stock Market

ANL finalized & approved the sale of lands related to the FPR unit worth Rs. 825Mn

In a latest notification to PSX, Azgard Nine Limited (ANL),has announced that the Agent Banks of Creditors have finalized and approved the sale of lands related to the FPR unit including all plant, equipment and installments thereon at a price of PKR 825 million. The company, on the demand of Agent Banks of Creditors, has […]

Stock Market

MFL approved the business plan of the Corn-Starch business

In a latest ntification to PSX, Matco Foods Limited (MFL) has approved the business plan of the Corn-Starch business in Allama Iqbal Industrial Estate SZE, which shall be financed through mixed of debt and Equity. The estimated cost of the business plan is as follow: Please follow and like us:

Uncategorized

InFrontier Ltd signed term sheet for acquiring 36.6% stake in TPL Life Insurance Ltd

TPL Life Insurance Limited (“the Company”), a subsidiary of TPL Corp Limited, is pleased to announce that InFrontier Limited (“InFrontier”), a specialist investment firm focusing on frontier markets, authorised and regulated by the Financial Conduct Authority of the United Kingdom, through its fund InFrontier AF LP, has signed terms sheet with the Company for acquiring […]

Stock Market

GLPL to increase its authorized capital from Rs. 200Mn to Rs. 400Mn

In a latest notifictaion to the PSX, Gillette Pakistan Limited (PSX:GLPL), has resolved that the authorized capital of the company to be increased from Rs. 200 million divided into 20 million ordinary shares of Rs. 10 each to Rs. 400 million divided into 40 million ordinary shares of Rs. 10 each. It has been further […]

IT Stock Market

NETSOL’s sister concern in China has signed an agreement with a Global automotive financial services company

In a latest notification to PSX, NETSOL’s sister concern in China has signed an agreement with a global automotive financial services company to upgrade from the Company’s legacy NFS system to its premier, next-generation Ascent® platform. This multi-million-dollar agreement includes licensing, implementation and support services including comprehensive data migration from the old system to the […]

Stock Market

THALL to invest Rs 1.7 bn in Woven Polypropylene (WPP) Bags manufacturing facility

In a latest notifciation to the PSX, Thal Limited, in their meeting held on December 4, 2020, has approved the investment of Rs 1.7 billion by the company in Woven Polypropylene (WPP) Bags manufacturing facility, subject to finalization of negotiation with the supplier of the machinery. Please follow and like us:

PSX

TOMCL awarded an approx $3.9Mn to supply frozen boneless meat to biggest Food Processor in Middle East

In a latest notification to PSX the Organic Meat Company Limited (PSX: TOMCL) has secured a high value contract for supply of frozen boneless meat with a multinational customer National Food Company (Americana) in Saudi Arabia. This group is considered to be one of the largest Food manufacturing and distributing company in the region. Please […]