Karachi: Summit Bank Limited has informed the Pakistan Stock Exchange of two separate rights issues. The first proposed rights issue is set at a rate of 11.2443%, while the second is notably higher at 65%. These issues are likely aimed at diversifying the bank’s funding streams and offering shareholders varied levels of investment opportunities.
Check Also
Pakistan Condemns Demolition of Century-Old Mosque in Saharanpur
Islamabad: Pakistan has strongly condemned the demolition of the century-old mosque in Saharanpur, India. Responding to media queries regarding reports of this incident, Foreign Office Spokesperson Sajjad Haider Khan stated that this action against a...
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service