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Karachi: Summit Bank Limited has declared a rights issue at two different rates. The first issuance will be at a rate of 11.2443%, followed by a subsequent issue at 65%. These proposed rates have been disclosed to the PSE, with further details on trading and payment to be announced. The rights issues are part of Summit Bank Limited’s strategy to enhance its capital base.
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Pakistan Issues $3 Billion Dual-Tranche Eurobond
Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...