News Desk

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279.9 million shares offered at Rs18.90, aims to raise Rs4.8 billion for fuel stations and logistics expansion

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Management control of the airline is expected to transfer on or before May 25, 2026

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Shareholders clear Rs125.07 million right issue, allow disposal of 12.27% GCIL’s stake at minimum Rs30 per share

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Board recommends up to 5 million options at 50% discount, EOGM set for June 3

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Implementation, guarantee, PPA and gas supply contracts ended under agreements signed on April 30

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Board clears draft plan, supplemental financials for Dec 2025 to proceed with restructuring

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Rebound follows a 4.5% decline last week; KSE-100 climbs 0.59%, buying seen major sectors

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Improved air and sea links boost connectivity, further growth potential highlighted

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Calls for scrapping super tax, cutting turnover tax to 0.5%, reducing sales tax to 15% and revising duties to boost textile exports

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Karachi recorded highest price at Rs2,500, Lahore lowest at Rs1,810; Hyderabad, Larkana see Rs200 weekly increase