MediaLine Pakistan

Credible News from Pakistan!

Day: December 18, 2023

Press Releases

BASF Environmental Catalyst and Metal Solutions sets the standard for 100% recycled platinum group metal (PGM) offering with Verdium™

With Verdium, customers can verify carbon reduction for recycled PGM purchases, including PGMs attributed to select end products One kilogram of Verdium recycled metal saves over thirty metric tons of carbon1 UL Solutions provides independent, third-party validation of the physical chain of custody and mass balance accounting ISELIN, N.J., Dec. 18, 2023 (GLOBE NEWSWIRE) — BASF […]

Press Releases

Deriv, an award-winning online broker’s eco pledge: Planting 2,000 saplings for a greener Cyprus

Elevating corporate social responsibility through the ‘You Reforest Cyprus’ Derivians and their family members come together to participate in the planting of trees. LIMASSOL, Cyprus, Dec. 18, 2023 (GLOBE NEWSWIRE) — On 19 November, Deriv took the lead in donating and contributing to the planting of over 2,000 saplings at Palodia region, Limassol, through the […]

Aviation Press Releases

IdentiFlight Enters French Energy Market as e3 IDF GmbH Announces New Office in Nantes

Yoann Payelleville NANTES, France, Dec. 18, 2023 (GLOBE NEWSWIRE) — e3 IDF GmbH and IdentiFlight announce the launch of e3 IdentiFlight France in the Nantes area, reinforcing IdentiFlight’s global presence and commitment to the French market. The French office offers expertise in renewable energy project development and the IdentiFlight product – the industry leader in […]

Press Releases

Imperial Ltd NC Witnesses Notable Trading Volume

Karachi, Imperial Ltd NC concluded the trading day with its stock at Rs. 13.71 and an average rate of Rs. 13.43. The company’s paid-up capital stands at Rs. 990.20 million. Imperial Ltd NC reported a turnover of 1,786,500 shares, with no dividends ann…

Press Releases

Kashf Foundation Releases TFC

Karachi, Kashf Foundation has launched its TFC (KFTFC1) with a market lot of 1 and a face value of Rs. 1,000,000. This four-year tenor security offers a profit rate of “3M KIBOR +2.25%”, with a total issue size of Rs. 2,000,000,000 and an outstanding …

Press Releases

Faysal Asset Allocation Fund Announces Distribution for June 2023

Karachi, The Faysal Asset Allocation Fund, listed in 2007, has released its financial figures for the year ending June 2023. The fund reported an offer price of 92.2 and a redemption price of 89.17. It declared a distribution of 3.50%, indicating a st…

Press Releases

Bank Al Habib Limited Releases Tier-II TFC

Karachi, Bank Al Habib Limited has issued a “TFC (Tier-II)” (BAHLTFC10) with a market lot of 1 and face value of Rs. 5,000. This ten-year tenor security features a profit rate of “6M KIBOR +1.35%”, covering a total issue size and outstanding principal…

Press Releases

Engineering Sector Reports Decline in Index on PSX

Karachi, The Engineering sector in the Pakistan Stock Exchange witnessed a decline in its index. The sector’s market capitalization was Rs. 117,207,371,227, with a turnover of 13,491,589 and a traded value of Rs. 269,844,230.29. The index decreased by…

Press Releases

Alfalah GHP Prosperity Planning Fund Maintains Zero Prices, Sub-Plans Announce Distributions

Karachi, The Alfalah GHP Prosperity Planning Fund, established in 2015, reported zero offer and redemption prices for the year 2023. However, its sub-plans, including the Alfalah GHP Active Allocation Plan and the Alfalah GHP Conservative Allocation P…

Press Releases

AWT Funds Announce Year-End Prices

Karachi, The AWT – Financial Sector Income Fund, listed in 2023, declared an offer and redemption price of PKR 111.51. The AWT – Income Fund, listed since 2012, reported an offer price of PKR 123.81 and a redemption price of PKR 122.42, with a payout …