Sakrand Sugar Mills Limited (PSX: SKRS) has completed the transfer of a 25% equity stake to incoming investors, marking a key milestone in the implementation of its board-approved Revival Plan. In a notice to the Pakistan Stock Exchange (PSX) on Wednesday, the company said the transaction was completed after obtaining all required regulatory approvals. The company said the Revival Plan, deta
Security Leasing Corporation Ltd (PSX:SLCL) has made further headway in its restructuring and revival plan, settling with several creditors while negotiations with others near completion. The company said discussions with its remaining creditors are progressing well and are expected to conclude successfully in the coming months. The company noted that some creditor settlements are now in the
Meezan Bank has become the first bank in Pakistan to roll out an Enhanced Bulk eIPO Subscription Payments Solution for the Central Depository Company of Pakistan (CDC). This enables seamless and efficient eIPO subscription payments for Roshan Digital Account (RDA) customers. The solution has also been extended to brokerage houses through CDC's Master TREC Module in the Centralized eIPO Syste
Pakistan and the International Monetary Fund (IMF) reviewed the country's macroeconomic performance and progress under the Extended Fund Facility (EFF), the Resilience and Sustainability Facility (RSF) and the broader Fund-supported reform programme. The Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met First Deputy Managing Director Dan Katz, Deputy Managing Director Nige
Federal Minister for National Health Services, Regulations and Coordination Mustafa Kamal has said that during the recently held Pakistan-China Pharmaceutical Business-to-Business (B2B) Conference, the country has secured USD 629.5 million in agreements. Addressing a press conference here on Wednesday, the Minister said the conference marks a significant milestone in the government’s efforts to