Karachi, Sindh Modaraba Management Limited informed Pakistan Stock Exchange about transaction of shares of the company. 5,000 shares @ Rs. 11.00 per share were sold in the market on August 13, 2020 through CDC.
Sindh Modaraba is a perpetual, multi-dimensional non-trading modaraba formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. Sindh Modaraba is managed by Sindh Modaraba Management Ltd., a company 100% owned by Government of Sindh.
The registered office of the Sindh Modaraba Management Ltd. is 1st floor, Imperial Court, Dr. Ziauddin Ahmed Road, Karachi. The Modaraba is primarily engaged in the business of Ijarah, Musharakah and Murabahah financing, Investment in marketable securities and other related businesses.
The symbol “SINDM” is being used by the stock exchange for Sindh Modaraba Managment Limited.