Summit Bank Limited Proposes Rights Issue at 11.2443%

Karachi: Summit Bank Limited has announced a proposed rights issue at the rate of 11.2443%, according to a recent financial disclosure to the Pakistan Stock Exchange. The bank is aiming to strengthen its capital through this rights issue, which will allow existing shareholders the opportunity to purchase additional shares in proportion to their current holdings.

Check Also

GB CM Directs Officials to Resolve Public Complaints on Priority

Gilgit: Gilgit-Baltistan Chief Minister Amjad Hussain has directed the concerned authorities to resolve the problems of the people on a priority basis. He made this announcement while addressing an open court in Gilgit. According to Radio Pakistan, ...