MediaLine Pakistan

Credible News from Pakistan!

Day: May 31, 2024

Press Releases

Nyxoah Announces Closing of Offering and Partial Exercise of Option to Purchase Additional Shares

INSIDE INFORMATION REGULATED INFORMATION Nyxoah Announces Closing of Offering and Partial Exercise of Option to Purchase Additional Shares Mont-Saint-Guibert, Belgium – May 31, 2024, 8:00am CET / 2:00am ET – Nyxoah SA (Euronext Brussels/ Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company focused on the development and commercialization of innovative solutions to treat […]

Press Releases

EB5 Capital Receives I-956F Approvals for San Luis Obispo Marriott Hotels (JF31) and SouthFace Village at Okemo (JF36) Projects

WASHINGTON, May 30, 2024 (GLOBE NEWSWIRE) — EB5 Capital is pleased to report that its San Luis Obispo Marriott Hotels (JF31) project and SouthFace Village at Okemo (JF36) project were both approved by the United States Citizenship and Immigration Services (USCIS) in May 2024. Since the EB-5 Reform and Integrity Act of 2022 (RIA) was […]

Press Releases

Saif Power Ltd Announces Substantial Dividend Increases

Karachi, Saif Power Ltd, trading under the symbol SPWL, has announced a notable increase in dividends, declaring an 85% payout for 2022 and an expected 42.90% for 2023. The company’s strong financial health is reflected in its significant paid-up capi…

Press Releases

Raza Elahi Appointed Independent Director at PSX Listed Company

Karachi, The Board of Directors of a Pakistan Stock Exchange (PSX) listed company has appointed Mr. Raza Elahi as the Independent Director, effective May 31, 2024. Mr. Elahi will serve for the remaining term of the Board, replacing Mr. Saif Hasan. Acc…

Press Releases

Arif Habib Limited Reports Robust Dividend Outlook

Karachi, Arif Habib Limited (AHL) witnessed a small increase in today’s trading, ending at Rs. 56.40 compared to its average rate of Rs. 56.47. The firm boasts a substantial paid-up capital of Rs. 653.40 million and is set to distribute a 60% dividend…

Board Meetings Press Releases

Progressive Insurance Company Sets Dates for Transfer Book Closure and AGM

Karachi, Progressive Insurance Company Ltd. has declared the closure of its transfer books from May 28, 2024, to June 3, 2024. The company has scheduled its Annual General Meeting (AGM) for June 3, 2024, at 10:00 AM in Karachi. According to informatio…

Press Releases

BIAFO Industries Reports Executive Share Transactions

Karachi, BIAFO Industries Limited has disclosed share transactions by key insiders. These transactions were executed by an executive director and two non-executive members involving a total of 6,000,000 shares, transferred as gifts with a rate of 0.00…

Press Releases

Nishat Chunian Ltd. Faces Challenges with Declining Share Price

Karachi, Nishat Chunian Ltd. (NCL) closed at Rs. 29.30, slightly below its daily average of Rs. 29.46. Despite facing market challenges with a negative earnings per share of -4.16 for 2022/2023, the company has a substantial paid-up capital of Rs. 2,4…

Press Releases

MCB Investment Management Limited Announces Impressive Dividend Plans

Karachi, MCB Investment Management Limited (MCBIM) saw a slight increase in its trading price today, closing at Rs. 32.50 compared to a daily average of Rs. 32.63. The firm, with a paid-up capital of Rs. 720.00 million, announced significant dividends…

Press Releases

Lucky Core Industries Limited Announces Board Meeting to Approve Annual Budget

Karachi, Lucky Core Industries Limited will hold a Board of Directors meeting on June 10, 2024, at Karachi and through video conferencing, to discuss and approve the company’s budget for the fiscal year July 01, 2024 to June 30, 2025. According to inf…