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Markets Print 2020-08-25

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....
Published August 25, 2020

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange.

====================================================================================
Company                                                                         Rate
====================================================================================
Media Times Ltd at a discount of Rs 5/- per share                                14%
Apna Microfinance Bank                                                      24.7104%
Summit Bank Ltd                                                             11.2443%
Pervez Ahmed Securities Ltd. at a discount of Rs51/- pershare                231.08%
Pervez Ahmed Securities (at a discount of 80% i.e. Rs 2/- per share)         189.39%
Summit Bank Ltd.                                                                 65%
Jahangir Siddiqui & Co. Ltd. (Preference Right Shares)                           15%
====================================================================================

Copyright Business Recorder, 2020

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