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JS Bank Limited Announces Schedule for Handling Unpaid Rights

Karachi, JS Bank Limited has released the schedule for handling unpaid rights, providing shareholders with important dates and instructions for the process. The unpaid rights of JS Bank Limited will be managed through the Central Depository System (CDS) as per the following schedule:

Book Closure Dates: June 26, 2023, to July 02, 2023

Right Ratio: 17%

Right Security Name and Symbol: JS Bank Limited – LoR and ‘JSBLR1’

Right Security ISIN: PK0088203069

The activities related to the handling of unpaid rights will take place according to the following dates:

Commencement of trading of unpaid rights (LOR) at the Stock Exchange: July 07, 2023

Last date for initiation of withdrawal requests: July 10, 2023

Last date for initiation of deposit requests: July 18, 2023

Last date of trading at the Stock Exchange: July 27, 2023

Last date for initiation of Pledge requests: July 31, 2023

Last date for movement of securities (Only allowed Free Delivery Transaction): July 31, 2023

Last date for subscription requests and payments: August 04, 2023

Last date for Pledge release and Pledge call: August 04, 2023

Tentative date for the credit of shares against rights issue: August 23, 2023

The post JS Bank Limited Announces Schedule for Handling Unpaid Rights appeared first on Pakistan Company News.

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