Pakistan General Insurance Company Achieves Full Subscription in Rights Issue

Karachi, Pakistan General Insurance Company Limited has successfully received the full subscription amount for the rights entitlements of its Directors and Substantial Shareholders. The company opened a Right Subscription Account with designated Bankers to the Issue, complying with the required laws and regulations.

According to information available from the Pakistan Stock Exchange (PSX), this financial achievement marks a significant milestone for the insurance company. The complete subscription underscores the strong support from the company’s key stakeholders.

An Auditors’ Certificate, which will confirm the subscription details, is being prepared and will be submitted to the relevant office soon.