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Karachi, Askari Bank Limited continues to strengthen its financial base with the perpetual debt security, “AKBLTFC 6.” According to information available from the Pakistan Stock Exchange (PSX), this Tier-I Term Finance Certificate (TFC) carries a profit rate pegged to the 6-month KIBOR plus 1.5%. With a total issue size of PKR 6 billion, the security maintains an outstanding principal of PKR 6 billion, with the next coupon due on July 3, 2024. The security is traded with a market lot of 1 and a high face value of PKR 1,000,000, reflecting its targeted investor base.
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Ghariwal Cement Shareholder Reports Loss of Share Certificate
Karachi: A shareholder of Ghariwal Cement Limited has officially reported the loss of a share certificate covering fifteen shares, according to a recent notice issued by the company. The lost certificate, under Folio No. 2489, was reported by M/s Moha...
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