Noor Financial Investment Company has sold some 3.026 million shares in Meezan Bank to foreign buyers.
According to information sent to Pakistan Stock Exchange by the bank, Noor Financial Investment Company has consummated the divestment or sale of 3,026,400 ordinary shares in Meezan Bank, constituting a total of 0.28 percent of the total issued and paid-up capital of Meezan Bank. The shares have been acquired by various foreign institutions investors at a purchase price of Rs 70 per share.
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