Karachi, December 5, 2024 – Dewan Farooque Motors Limited (DFML) has achieved a significant milestone with the successful assembly of over 100 electric vehicles (EVs). This announcement was made through a communication sent to the Pakistan Stock Exchange (PSX) on Thursday.
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PIBT Reports Fire Incident at Terminal, Operations Affected
Karachi, December 5, 2024 – Pakistan International Bulk Terminal Limited (PIBT) has officially disclosed a fire incident that occurred at its terminal, resulting in significant damage to infrastructure. The company shared the update with the Pakistan Stock Exchange (PSX) on Thursday.
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HUBCO Signs Shareholders’ Agreement with MCPL
Karachi, December 5, 2024 – Hub Power Company Limited (HUBCO) has entered into a significant strategic partnership with Mega Conglomerate (Private) Limited (MCPL) by signing a shareholders’ agreement. The development was formally disclosed in a notice to the Pakistan Stock Exchange (PSX).
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Symmetry Group Secures SBP Website Maintenance Contract
Karachi, December 4, 2024 – Symmetry Group Limited has announced its successful bid for the development and maintenance of the State Bank of Pakistan’s (SBP) external website. The contract, spanning five years, was awarded following a competitive process and underscores Symmetry Group’s growing prominence in the digital technology sector.
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Citi Pharma Pioneers API Manufacturing in Indonesia
Karachi, December 3, 2024 – Citi Pharma Limited has announced a landmark partnership with Mersi Farma, a leading pharmaceutical company based in Indonesia, to advance Active Pharmaceutical Ingredient (API) manufacturing and expand the nutraceutical market in Indonesia.
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UBL Board Approves Amalgamation of Silk Bank
KARACHI, December 3, 2024 – In a significant move towards strengthening its market presence, United Bank Limited (UBL) has announced that its board of directors has approved the amalgamation of Silk Bank Limited (SBL) into UBL.
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ACCA Celebrates 120 Years of Excellence and Growth
Karachi, November 30, 2024 – The Association of Chartered Certified Accountants (ACCA) is marking a historic milestone, celebrating 120 years since its establishment on November 30, 1904.
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PPL Discovers Significant Gas Deposits in Sindh
Pakistan Petroleum Limited (PPL), as the operator of the Shah Bandar Block in Sujawal District, Sindh, has made a significant gas and condensate discovery at the Pateji X-1 well. This marks the second discovery in the block, highlighting its hydrocarbon potential.
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DFML Postpones Board Meeting After Malware Attack
Karachi, November 29, 2024 – Dewan Farooque Motors Limited (DFML) announced on Friday the postponement of its scheduled board meeting due to a severe malware attack that compromised its IT infrastructure and corrupted critical data.
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IGI Holdings Alerts PSX About Fraudulent Activities
Karachi, November 29, 2024 – IGI Holdings Limited has informed the Pakistan Stock Exchange (PSX) about unauthorized and fraudulent activities involving its subsidiary, IGI Finex Securities Limited. The company disclosed that fake social media platforms and WhatsApp groups are impersonating its subsidiary, misleading the public under the guise of investment discussions.
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