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Karachi, Habib Bank Limited, under the symbol HBLTFC2, has issued a perpetual TFC with a face value of Rs. 100,000. According to information available from the Pakistan Stock Exchange (PSX), this security carries a profit rate of 3M KIBOR + 1.6% and has raised a total of Rs. 12,374,000,000, fully maintained as outstanding principal. This strategic financial maneuver aims to strengthen Habib Bank’s capital structure, with the next coupon payment expected on June 26, 2024.
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Shareholder Reports Significant Loss of Share Certificates at Mahmood Textile Mills
Karachi: Mahmood Textile Mills Limited has announced the loss of a substantial number of shares by one of its shareholders, Mr. Muhammad Muzaffar Iqbal. The shareholder reported the loss of share certificates covering a total of 208,259 shares, a sign...
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