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Asif Khanzada

Pakistan demands neutral World Cup venues in row with India


May 13, 2023

The chairman of Pakistan’s cricket board is demanding his side’s World Cup games are moved out of host country India if their arch-rivals refuse to travel to Pakistan for September’s Asia Cup, a report said Friday. Arrangements for the one-day international World Cup, which is due to start in October, remain shrouded in mystery, with the Board of Control for Cricket …

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Shaheens close in on innings victory over Zimbabwe ‘A’


May 13, 2023

MUTARE: Pakistan Shaheens were on the cusp of an innings win over Zimbabwe ‘A’ at the close of the third day’s play of the second four-day match at the Mutare Sports Club in Mutare. At stumps, Zimbabwe ‘A’ were still trailing by 78 runs in their second innings with just three wickets in hand. Earlier, resuming their first innings at …

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PFF election process to begin within days, says NC


May 13, 2023

KARACHI: From months, it is now down to days. At long last, the Pakistan Football Federation Normalisation Committee has announced the election process of the country’s crisis-riddled football governing body is set to begin. The mandate given to the Haroon Malik-led PFF NC by FIFA is due to expire at the end of next month with Friday’s announcement suggesting that …

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Former captain Sammy takes over as West Indies white-ball coach


May 13, 2023

ST. JOHN’S: Daren Sammy, the only man to lead his side to two T20 World Cup titles, was on Friday appointed the new head coach of West Indies’ white ball teams, the country’s cricket board (CWI) announced. The 39-year-old from St Lucia captained West Indies to victory over Sri Lanka in the 2012 T20 World Cup final and again in …

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Grant Bradburn confirmed as Pakistan men’s head coach


May 13, 2023

Pakistan have appointed former New Zealand all-rounder Grant Bradburn as the head coach of their men’s team on a two-year deal after a successful spell as consultant, the country’s cricket board (PCB) announced on Saturday. He will lead the team’s coaching panel for the next two years. Bradburn served as the head coach of the side during the recently concluded home …

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Lucky Core inches closer to Lotte Chemical acquisition


May 13, 2023

KARACHI: Lucky Core Industries Ltd (LCI) said on Friday it signed an “assignment and assumption agreement” with its wholly owned subsidiary as well as Lotte Chemical Corporation of South Korea (LCC) to complete the transaction involving the sale of Lotte Chemical Pakistan Ltd. Earlier, LCI had signed a share purchase agreement with the South Korean firm for the acquisition of …

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Stocks close weekend session on positive note


May 13, 2023

KARACHI: The stock market closed the business week on a positive note on Friday after investors looked to the superior judiciary for the resolution of the political standoff. Arif Habib Ltd said the index of representative shares opened in the green as investors waited for the Islamabad High Court’s decision on the arrest of former prime minister Imran Khan. Trading …

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SIBL board plans transition into Islamic bank


May 13, 2023

KARACHI: Security Investment Bank Ltd (SIBL) told the Pakistan Stock Exchange on Friday its board has decided to transition into a Sharia-compliant entity. Security Investment Bank is licensed to carry out investment finance services as a non-banking finance company (NBFC) under the Companies Act, 2017. It has also applied to the Securities and Exchange Commission of Pakistan (SECP) for a …

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Public offer for ZIL shares expires


May 13, 2023

KARACHI: ZIL Ltd, a maker of personal care products, said on Friday its foreign acquirer has accepted 1.4 million shares — constituting 23.5 per cent of total shareholding — that were tendered by ordinary investors during the public offer period ending on May 10. On March 1, New Future Consu­mer International General Trading LLC signed a share purchase agreement with …

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