Category: Elections / Appointments

Karachi, Meta Tech Health Limited has announced an extraordinarily high rights issue rate of 550%. This dramatic increase in share offerings allows existing shareholders to purchase additional shares at a rate significantly exceeding their current holdings, aimed at a major infusion of capital to support the company’s growth and development in the health technology sector.

Karachi, Image Pakistan Limited has set the schedule for its upcoming rights issue, marking critical dates for shareholders. Trading of the rights began on March 25, 2024, and will conclude on April 16, 2024. Shareholders must make their payments or renounce their rights by April 23, 2024. The company has not specified a premium or discount for this rights issue.

Karachi, Jahangir Siddiqui & Co has announced a preference rights share issue at a rate of 15%. This issue allows existing shareholders to purchase additional preference shares, which typically carry rights like fixed dividends and priority over ordinary shares in asset distribution upon liquidation, at a rate of 15% of their current holdings.

Karachi, Mirpurkhas Sugar Mills Limited (MIRKSR) outlined the timeline for its upcoming rights issue, which includes a premium of PKR 15.00. Trading in rights will begin on April 8, 2024, and the last day of trading is scheduled for April 29, 2024. Shareholders must complete their payments or renunciations by May 7, 2024.

Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, has declared a substantial rights issue at a rate of 65%. This significant issuance is aimed at expanding the bank’s capital base, facilitating its growth and operational strategies.

Karachi, In a separate financial strategy, Bank Makramah Limited has announced another rights issue at a rate of 11.2443%. This follows closely on the heels of their previously announced 65% rights issue, marking a continued effort to strengthen their financial standing through shareholder contributions.

Karachi, Jahangir Siddiqui & Co has decided to issue preference right shares at a rate of 15%. This move aims to provide existing shareholders with preferential treatment in acquiring new shares, thereby potentially increasing shareholder value and company capital.

Karachi, Meta Tech Health Limited has announced an aggressive rights issue at a rate of 550%. This unprecedented high rate highlights the company’s aggressive capital raising efforts to fund its expansion and possibly innovate within the health technology sector.

Karachi, Image Pakistan Limited has set the final schedule for its upcoming rights issue. Trading of the rights will commence on March 25, 2024, and continue until April 16, 2024. Shareholders interested in exercising their rights must make the necessary payments by April 23, 2024. The rights issue will be conducted at par, with no premium or discount applied.

Karachi, Jahangir Siddiqui & Co is preparing to offer preference right shares at a rate of 15%. This issuance is designed to provide current shareholders with a preference in purchasing new shares, aimed at raising additional capital for the company.

Karachi, Jahangir Siddiqui & Co is preparing to offer preference right shares at a rate of 15%. This issuance is designed to provide current shareholders with a preference in purchasing new shares, aimed at raising additional capital for the company.

Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, is set to issue new shares at two different rates. The bank has announced a 65% rights issue followed by an additional issuance at a rate of 11.2443%. These consecutive rights issues are part of the bank's strategy to bolster its capital structure significantly.