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Karachi, Habib Bank Limited (HBL) has received a letter from M/s. Aga Khan Fund for Economic Development (AKFED) on August 02, 2023, stating their intention to acquire additional shares of HBL from the open market. The acquisition will be made by utilizing the accumulated dividends that have not been repatriated, totaling PKR 3,472,172,945/-. The purchase of HBL shares will be subject to applicable regulatory approvals.
The post Aga Khan Fund for Economic Development (AKFED) Intends to Acquire Additional Shares of Habib Bank Limited appeared first on Pakistan Company News.