PSX Stock Market

MCB Bank has informed that the sale of its wholly owned subsidiary MCB Financial Services Ltd (MCBFSL) has now completed

In a notification to PSX, MCB Bank Limited , has informed that the sale of its wholly owned subsidiary MCB Financial Services Limited (“MCBFSL”), through Share Purchase Agreement has now completed in accordance with necessary approvals, including the approval granted by the Securities and Exchange Commission of Pakistan (SECP). Following this transaction, MCBFSL is no […]

PSX Stock Market

FBR selected TPL Trakker to avail its real-time video monitoring system

We are pleased to announce that the Federal Board of Revenue (“FBR”), after a rigorous qualification process, vide its approval letter dated November 23, 2020 has selected TPL Trakker Limited (the “TPLT”), as one of the approved vendors till December 30, 2023 to avail video monitoring system (“System”) as required under the newly implemented Video […]

PSX Stock Market

Avanceon Secures its Biggest Oil and Gas Contract to date in United Arab Emirates

Avanceon FZE, a subsidiary of Avanceon Limited, has secured a multimillion-dollar long term purchase contract from a major oil company in the middle east. As per the contract, Avanceon shall supply Hydraulic & PLC control panels on a call off basis as and when requested by the client. This contract execution gives a pathway for […]

PSX Stock Market

Avanceon FZE, wins Contract to Upgrade Critical Infrastructure for the Saudi Ministry of Environment

Avanceon FZE, a subsidiary of Avanceon Limited in Dubai, has been contracted to provide a comprehensive solution for the Sewage Treatment Plant in the city of Al Ras. Avanceon will be responsible for the Supply, Installation, Testing and Commissioning of the SCADA systems & PLC with HMI for the Sewage Treatment Plant. This contract execution […]

PSX Stock Market

Avanceon has incorporated a subsidiary in Qatar Avanceon QFZ LLC

In a latest notification issued to PSX, Avanceon Limited (PSX:AVN) announced that it has incorporated a new wholly owned subsidiary in the State of Qatar with the name Avanceon QFZ LLC. The Qatari Government has established Free Zones in Qatar Doha whereby allowing to incorporate Companies with full foreign ownership without having the need of […]

Stock Market

TPLP enters into ‘Agreement to Sell’ to develop Technology Park

In a latest notification to PSX, TPL Properties Limited (TPLP) announced that its wholly-owned subsidiary, has entered into an ‘Agreement to Sell’ dated 10th November 2020, for the purchase of Plot situated at Korangi Industrial Area, Karachi, to develop a Technology Park. The Company plans to use this property to develop a Technology Park. The […]

PSX Stock Market

SECP has 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 […]