For those who thought that an electric car for the masses of Pakistan was a far-fetched dream, they were awestruck as Eco-Green Motors Limited, under Yousuf Dewan Companies, took the automobile market by storm. Yes, it’s here—an electric car for Pakistanis, to be driven without worrying about fuel prices....
The book building process of International Packaging Films Limited’s (IPAK) Initial Public Offer (IPO) has concluded with an oversubscription of 1.73 times, the company said today.
“The IPO received an overwhelming response from institutional investors and high-net worth individuals as the strike price clocked in at Rs 25.2 per share,...
onic, Pakistan's first digital telecommunication brand, dedicated to enhancing the lives of its consumers, is thrilled to announce a strategic partnership with foodpanda, the country's premier online delivery platform. This collaboration marks a significant milestone in onic's journey to enhance its digital offerings and create a comprehensive digital lifestyle...
Celebrating Mother’s Day in Saudi offers a unique blend of luxury, history, and cultural experiences that promises to make this special day truly memorable. From thrilling hot air balloon rides to exploring ancient heritage sites, Saudi has something for every kind of traveler, including those from Pakistan.
Saudi, renowned for...
International Packaging Films Limited (IPAK) IPO's book-building phase will be held on May 08 and 09, 2024 where high net worth individuals and institutional investors will subscribe to 70.1 million shares.
The book building will start at the floor price of Rs 21 per share.
Based on the interest from investors...
The Boards of Dawood Hercules Corporation Limited (DH Corp) and Engro Corporation Limited (Engro Corp) have, in principle, approved a proposal to restructure the shareholding between the two companies, aiming to enhance investment opportunities of the enterprise. The restructuring proposal is subject to final Board and shareholder approvals.
The proposed...
Icewarp, a software company from the Czech Republic, announced its plans to launch its full-fledged operation in Pakistan, including a handsome investment in the establishment of a data center.
Established in 1998, the software company is operating in more than 100 countries with its specialized and highly cost-effective services such...
Indus Motor Company (IMC) announced its financial results for the nine-month period ending March 31, 2024, which witnessed a 61% increase in profit after tax, to PKR 9.41 billion, compared to PKR 5.84 billion, for the same period last year.
IMC’s net sales turnover for the nine-month period decreased to Rs....
TPL Insurance, a leading provider of innovative insurance solutions, is proud to announce a strategic partnership with Regal Automobiles Industries Ltd. (RAIL), a renowned name in the automotive industry. The memorandum of understanding (MoU) signing ceremony solidifies the alliance between the two entities, paving the way for groundbreaking offerings...
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for Q1, 2024, delivering a strong topline growth of 21% (PKR 27.5 billion compared to PKR 22.7 billion in the same period last year) despite the challenging operating environment and economic slowdown. This increase was fueled by volume growth and...
