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Miscellaneous

This category covers all Miscellaneous news from Asianet Pakistan

NIB Bank Limited’s exercise of call option in respect of pkr 4,000,000,000/- rated, listed and subordinated term finance certificate issue of NIB Bank Limited (“TFCs”)

Karachi, August 05, 2013 (PPI-OT): In accordance with the terms of the Trust Deed dated June 4, 2007 (“Trust Deed”) and the terms and conditions applicable in respect of the TFCs (“Terms and Conditions”), NIB Bank Limited (NIB) has decided to exercise the call option Available under clause 2.11 of …

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Worldcall Telecom Limited’s issuance of cumulative and convertible non-voting preference shares by way of otherwise than right shares

Karachi, August 05, 2013 (PPI-OT): We are pleased to inform you that pursuant to the special resolution passed by the shareholders of the Company in the general meeting held on 04 May 2013 and subsequent approval granted by the Securities and Exchange Commission of Pakistan, the Company has allotted 150,000 …

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Primus Investment Management Limited’s interim dividend for PRIMUS cash fund and PRIMUS daily reserve fund

Karachi, August 05, 2013 (PPI-OT): We are pleased to inform you that the Chief Executive Officer, under the authority granted to him by the Board of Directors of Primus Investment Management Limited (PRIMUS), the Management Company of Primus Cash Fund and Primus Daily Reserve Fund (PDRF), has approved the following: …

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