Bank Makramah Limited Proposes Additional Rights Issue

Karachi, In a notable financial move, Bank Makramah Limited, previously Summit Bank Limited, has proposed an additional rights issue. The company, as per the latest Pakistan Stock Exchange report, plans to issue rights at a rate of 11.2443%. This proposal follows the bank’s earlier announcement of a 65% rights issue, reflecting its strategy for capital augmentation.

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Junaid Chaudhry Announces Establishment of Fisheries, Aquaculture Centre in Karachi

Karachi: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced the establishment of a fisheries and aquaculture research centre at the Korangi Fish Harbour Authority in Karachi. According to Radio Pakistan, the Minister stated ...