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Karachi, (PPI Bot): Bank Makramah Limited, previously known as Summit Bank Limited, has proposed a rights issue at a rate of 65%. This development follows the rebranding of the bank and is part of its capital-raising efforts. Further details on the ri...

The post Bank Makramah Limited Sets Rights Issue at 65% appeared first on Pakistan Company News.

Karachi, (PPI Bot): Jahangir Siddiqui & Co has proposed a rights issue for its preference shares at a rate of 15%. This move is aimed at raising additional funds for the company. Details regarding the timing and process for the rights issue wi...

The post Jahangir Siddiqui & Co to Offer 15% in Preference Right Shares appeared first on Pakistan Company News.

Karachi, (PPI Bot): In a subsequent announcement, Bank Makramah Limited has put forward an additional rights issue at the rate of 11.2443%. The bank, which recently underwent a name change from Summit Bank Limited, is proceeding with its capital enhan...

The post Bank Makramah Limited Announces Additional Rights Issue at 11.2443% appeared first on Pakistan Company News.

Karachi, (PPI Bot): The NAFA Islamic Capital Preservation Plan-I, under the NAFA Islamic Active Allocation Fund - II, maintained its position in 2023 with an offer price of Rs 120.78 per unit. The plan reported no distribution for the year. The post...

Karachi, (PPI Bot): Listed in 2009, the MCB Pakistan Stock Market Fund offered a price of 114.38 for the year ending June 2023. However, the fund did not declare any distribution for the year, maintaining its trend of not announcing distributions. T...

Karachi, (PPI Bot): Alfalah GHP Capital Preservation Fund, listed in 2014, and its subsequent version, Alfalah GHP Capital Preservation Fund-II, launched in 2018, both reported no offer or redemption prices and no distributions for the year ending Jun...

The post Alfalah GHP Capital Preservation Fund and Fund-II Report No Distribution in 2023 appeared first on Pakistan Company News.

Karachi, (PPI Bot): UBL Pakistan Enterprise ETF (UBLPETF) maintained its rate at PKR 14.50. The ETF announced a 7.20% distribution and an additional 9% to 14% for June. This year's high and low rates stand at PKR 12.1 and PKR 10.26, with a turnover, c...

The post UBL Pakistan Enterprise ETF Announces Distribution; Maintains Strong iNAV appeared first on Pakistan Company News.