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Karachi, Bank Makramah Limited (formerly Summit Bank Limited) has announced two separate right issues. The first issue is set at a rate of 65%, with a subsequent issue proposed at 11.2443%. These issues are part of the bank’s efforts to enhance its capital base, following its rebranding and restructuring initiatives.
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PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance
Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...
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