Augaf

Karachi September 26 2025: Ingredion Incorporated entered into a conditional Share Purchase Agreement with Nishat Hotels and Properties for selling its 51.04% stake in Rafhan Maize Products Company Limited. “We have been informed by our majority shareholder Ingredion Incorporated (“Ingredion”) that they have entered into a conditional Share Purchase Agreement with Nishat Hotels and Properties Limited for sale of their 51.04% shareholding in the Company.

Karachi September 26 2025: Securities & Exchange Commission of Pakistan (SECP) has granted its approval for the Crescent Star Insurance Limited (CSIL) Right Issue at PKR 3 per share, according to company filing at the Pakistan Stock Exchange. This approval marks an important milestone in the Company’s ongoing strategy to strengthen its capital base and support sustainable business growth.

Islamabad September 26 2025: Federal Board of Revenue (FBR) on Thursday clarified that no amendments have been made to the Income Tax Return Form 2025, dismissing social media rumors and urging taxpayers to file by September 30. “It has come to our notice that some elements are spreading misinformation regarding Income Tax Return 2025 on various social media groups.

Islamabad September 26 2025: The Pakistan Stock Exchange Limited (PSX) and the Securities and Exchange Commission of Pakistan (SECP) have entered into a strategic partnership to enhance oversight of the capital markets through a signed Memorandum of Understanding (MOU). The agreement would grant the SECP direct access to PSX’s New Surveillance System, according to PSX press release received here Thursday.

Islamabad September 26 2025: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved commercial import of used vehicles not older than five years, subject to environmental and safety standards, while imposing an additional 40 percent Regulatory Duty (RD) until June 30, 2026. The ECC meeting was chaired virtually by the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, according to press release issued by finance ministry.

Karachi September 23 2025: K-Electric Limited reported profit of PKR 4.2 billion for the full year ended June 30, 2024 compared to Loss of PKR 39.5 billion reported in the same period last year. Company profitability improved due to higher gross profit earned during the financial year 2024, which is PKR 131.4 billion compared to PKR 56.8 billion reported in the same period last year.

Karachi September 23 2025: Oil & Gas Development Company Limited announced highest ever quarterly and full year cash payout in fiscal year 2025, according to company filing at the Pakistan Stock Exchange. “Final cash dividend for the year 2024-25 on the basis of accounts for the period ended June 30, 2025 @ Rs 5/- per share i.e. 50 percent. This is in addition to interim dividends already paid @ Rs. 100.50% i.e. Rs. 10.05/- per share,” States the notification.

Islamabad September 23, 2025: NetSol Technologies Limited announced its highest quarterly profit in the last 10 quarters, marking the strongest performance since March 2023, according to a filing submitted to the stock exchange. The company posted a profit of PKR 684 million for the fourth quarter of 2025, reflecting a 33% year-on-year increase. The growth was driven by higher sales and a notable rise in other income.

Singapore September 23 2025: BYD fell in Hong Kong and Chinese trade on Monday following a report that Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) entirely sold down its stake in the electric vehicle giant, after years of logging hefty profits on the position. BYD’s (HK:1211) Hong Kong shares, through which Berkshire held its stake, fell 3.4% to HK109.60. Losses in the EV maker also pressured the Hang Seng, which fell 0.8%. BYD’s mainland shares fell 2.82% to trade at CNY 104.94.

Singapore September 23 2025: Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional governments to restart an oil pipeline added to oversupply concerns. Brent crude futures lost 42 cents or 0.63% at $66.15 a barrel by 0332 GMT while U.S. West Texas Intermediate crude was down 36 cents or 0.58% at $61.92 a barrel. Both contracts sat on a five-session losing streak, down by 4%.