KARACHI: Leading investment holding company Dawood Hercules Corporation, holding around 15 percent stake in Hubco, invested in major energy projects during the last six year to augment power generation to 3,276 megawatts.
A statement on Friday said Dawood Hercules’s $3.5 billion capital investment includes joint venture projects under the priority list of China-Pakistan Economic Corridor. “The value of Hubco’s stock price had appreciated up to 170 percent since 27th September 2012, when Dawood Hercules directors were elected to the board, with total shareholder return of 40 percent IRR (internal rate of return),” the statement added.
In this picture, the PCJCCI logo can be seen on September 1, 2022. — Facebook/Pakistan China Joint Chamber of...
The logos of the World Bank and IMF. — AFP FileNEW YORK: The United States is the MVP of GDP. That was the...
A security guard sits in front of a wall with signs and slogans at the operation building at the Pakistan Steel Mills ...
A worker cleans the entrance to the headquarters of Bank Indonesia, the nation's central bank, in Jakarta, Indonesia....
The MCB's logo is seen on a wall outside the bank's head office. — MCB websiteKARACHI: MCB Bank Limited on...
Stack of Rs5,000 and Rs1,000 notes. — AFP/FileKARACHI: The rupee lost ground against the dollar in both currency...