Stock Market

ENGRO’s board approved an amount of USD 31.4Mn towards conducting study in relation to the PDH-PP Project.

This is in continuation to our letter to the PSX dated April 26, 2019, in relation to the company’s intent to explore investment opportunities in the petrochemical sector and the approval by the Board of Directors of the company (the “Board”) for commencement of a study in relation to a polypropylene facility based on propane […]

Stock Market

TOMCL granted registration by Chinese Custom Authorities for the export of heat-treated meat

The Organic Meat Company Limited (TOMCL) in a notification to PSX informed that it has received approvals and has been granted registration by Chinese customs authorities for the export of heat-treated beef meat to the People’s Republic of China. The Company has pioneered the heat treatment process whereby Foot and Mouth Disease (FMD) virus can […]

Stock Market

Panther Tyres successfully raises Rs2.632bn through book building

Panther Tyres Limited raised funds worth Rs2.63 billion through a book building process at the Pakistan Stock Exchange (PSX) on Thursday. The company strike price clocked in at Rs65.8 each during the two-day (Jan 27-28) book building process. The company opened bidding at Rs47 per share, which could increase by a maximum of 40% to the upper […]

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 […]

PSX Stock Market

PREMA won the Brand of the Year Award 2020 for the 2nd Consecutive year

At-Tahur Ltd, (PSX: PREMA) purveyor of Pakistan’s leading milk brand Prema, has been conferred with ‘Brand of the Year Award 2020’ for the Fastest Growing Brand in Milk and Yogurt category, for second consecutive year, by The Brands Foundation – FPCCI. Please follow and like us:

PSX Stock Market

Avanceon’s subsidiaries received three contracts worth multi-million-dollars

Avanceon Automation and Control WLL, and Avanceon FZE, both subsidiaries of Avanceon Limited, have received three contracts worth multi-million-dollars. Avanceon FZE, a subsidiary of Avanceon Limited, has been contracted to provide a sophisticated SCADA System for Pumping Stations Pipeline 1 & 2 in Al Qassim Province worth 1.3 Million AED. The scope of work for […]

PSX Stock Market

Agha Steels enlisted as manufacturer cum supplier to Military Engineering Services

In a latest notification to the PSX, Agha Steel Industries announced that Military Engineering Services (MES) of Pakistan Army has enlisted Agha Steel Industries Limited as the manufacturer cum supplier of deformed steel bar for its projects. The Engineer-in-chief’s branch already issued the company a provisional certificate of enlistment/ registration. Military Engineering Services (MES) is […]

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

PAKOXY approved an investment plan of Rs. 6.3Bn to setup an efficient Air Separation Unit

The Board of Directors of the Company in its meeting held on November 20, 2020 has approved an investment plan of about Rs. 6.3 billion to setup the latest and the most energy efficient Air Separation Unit (the “Plant”) in its class. The new state-of-the-art Plant will be sourced from Linde GmbH, Linde Engineering Pullach […]