Secure Logistics Group Ltd IPO’s book building phase will be held on 27th and 28th March where high net worth individuals and institutional investors will subscribe to 100% per cent of the issue size (50 million shares). The book building will start at the floor price of Rs 12 per share. Based on the interest…
Today, Prime Minister Shehbaz Sharif presented awards to 65 leading exporters and compliant taxpayers in a ceremony held at the PM Office. Among the recipients, Mr. Tariq Rafi, the Chairman of Siddiqsons Group, was recognized as the 4th highest taxpayer by the Prime Minister. Established in 1959, Siddiqsons Group has excelled in various sectors including…
The application for PTCL acquisition of Telenor remains under review by the Competition Commission of Pakistan (CCP). This ongoing assessment underscores the importance of transparent and competitive practices in the telecom sector, aligning with global standards for fair market competition. The review process for PTCL acquisition of Telenor continues, with the CCP meticulously evaluating various aspects of…
GDC Conference 2024: Pakistan Aims to Emerge as a Global Game Development Hub Pakistan, with its burgeoning gaming industry, is gearing up to position itself as a key player on the global game development stage. At the Game Developers Conference (GDC) 2024, industry stakeholders are championing Pakistan’s potential to become a leading destination for game…
Zeb Bangash becomes EQUAL Pakistan’s Ambassador of the Month Spotify’s signature program, EQUAL Pakistan, dedicated to bringing some of the finest women musicians from the country into the spotlight, marks its second anniversary in March. In celebration, Spotify is treating its listeners to an exciting data mix that showcases the evolving landscape of female representation in…
In a notable development, the International Monetary Fund (IMF) has urged Pakistan’s Federal Board of Revenue (FBR) to discontinue the practice of granting preferential treatment to specific sectors and enforce uniform taxation policies across the board. This call for equitable taxation aligns with the IMF’s broader objectives of promoting fiscal sustainability and economic transparency within…
Formite and The Hunar Foundation have joined forces in a collaborative effort to empower aspiring youth by enriching educational resources and providing valuable industry experiences. This partnership exemplifies Formite’s commitment to corporate social responsibility (CSR) and its mission to elevate living standards. The recent signing ceremony solidified their dedication to improving living standards through Formite’s…
The International Monetary Fund (IMF) is advocating for the imposition of sales tax on e-commerce transactions, including those conducted through Facebook and other digital platforms. This push from the IMF underscores the organization’s emphasis on broadening the tax base and ensuring equitable taxation in the digital economy. The IMF’s call for implementing sales tax on…
Wilmar Pakistan Holdings Pte. Ltd. (“WPH”, a wholly owned direct subsidiary of Wilmar International Limited), Unity Wilmar Agro (Private) Limited (“UWA”, a 52% subsidiary of WPH) and certain shareholders of Unity Foods Limited (“UFL”) have, through Arif Habib Limited (in its capacity as the manager to the public offer), made a public announcement to the…
Javed Ahmed, Managing Director and Chief Executive Officer, Jubilee Life Insurance presented the Wicketkeeper of the Tournament Award to Azam Khan after the HBL PSL 2024 final match between Islamabad United and Multan Sultans. Throughout the tournament, Jubilee Life Insurance, the Official Insurance Partner for the HBL PSL Season 9 awarded the “Safe Hands of…
