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Karachi, K-Electric Limited has successfully launched a 7-Year Sukuk, designated as KELSC5, with a 3M KIBOR + 1.7% profit rate. This issuance, featuring a market lot of 1 and a face value of Rs. 5,000, aims to support the company’s financial structuring and operational expansion. The total issue size reached Rs. 25,000,000,000, with an outstanding principal of Rs. 23,750,000,000. Sukuk holders are looking forward to the next coupon date on May 3, 2024.
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Ghariwal Cement Shareholder Reports Loss of Share Certificate
Karachi: A shareholder of Ghariwal Cement Limited has officially reported the loss of a share certificate covering fifteen shares, according to a recent notice issued by the company. The lost certificate, under Folio No. 2489, was reported by M/s Moha...
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