Naya Nazimabad Apartments REIT Book-Building Oversubscribed Eight Times With Rs4.5 Billion Bids
Naya Nazimabad Apartments REIT attracts approximately Rs4.5 billion in bids during book-building, with the issue oversubscribed eight times and reaching the Rs23 upper price ceiling.
Pakistan Seeks Deutsche Bank Engagement For Investment, Financing And Capital Market Opportunities
Finance Minister Muhammad Aurangzeb discussed Pakistan’s economic outlook, external financing strategy, investment opportunities and expanded cooperation with Deutsche Bank.
PACRA Signs MoU With China’s Lianhe Global To Expand Sustainable Finance Cooperation
Pakistan Credit Rating Agency Limited has signed a Memorandum of Understanding with China’s Lianhe Ratings Global to explore sustainable finance ratings, green instruments, research and potential Panda Bond rating services.
PSX KSE-100 Index Falls 721 Points Amid US Iran Tensions And Oil Supply Concerns
Pakistan Stock Exchange’s KSE-100 Index fell 720.83 points to 176,975.67 as concerns over Strait of Hormuz disruptions and higher oil prices weighed on investor sentiment.
PSX Appoints Aadil Naeem Khan as Independent Director to Fill Board Vacancy
Pakistan Stock Exchange has appointed Aadil Naeem Khan as an independent director following SECP approval, filling the board seat vacated after Dr Shamshad Akhtar’s demise.
Shariah-Compliant Equities Reach 65% of PSX Market Capitalization
Shariah-compliant equities represent 65% of PSX market capitalization at Rs13.2 trillion, while Islamic mutual fund assets reach Rs2.2 trillion, SECP says.
Bank AL Habib Board Approves Talks to Make AHCML a Wholly Owned Subsidiary
Bank AL Habib’s board has approved entering negotiations to acquire an additional 33.33% stake in AL Habib Capital Markets, subject to regulatory approvals.
IFC and Bank Alfalah Sign Pakistan’s First Diversified Payment Rights Agreement
IFC and Bank Alfalah have signed Pakistan’s first Diversified Payment Rights agreement, with an initial transaction targeting up to $100 million in foreign currency financing.
SECP Launches Corporate Debt Market Desk to Facilitate Debt Financing
SECP has established a dedicated Corporate Debt Market Desk to simplify debt issuance, support issuers and expand long-term financing options for businesses.
SECP Approves APAG IPO To Raise Up To Rs2.6 Billion Through PSX Listing
Securities and Exchange Commission of Pakistan approves Agro Processors & Atmospheric Gases Limited IPO, with the company offering 58.05 million shares to raise up to Rs2.6 billion.