Subscription of Right Issue of Macter International Limited

General

Karachi, Macter International Limited informed Pakistan Stock Exchange that 6,666,667 right shares offered by the Company have been fully subscribed.

The external auditor certificate confirming receipt of the complete subscription amount of PKR 1,100,000,055/- will be submitted in due course.

Macter International Limited was incorporated in Pakistan in 1992 as a private limited company and was converted into a public limited company in 2011. The principal activity of the company is to manufacture and market pharmaceutical products.

The total numbers of shares are 39,144,351. The earnings per share is 0.38 in 2020. The Profit after Taxation is 14,930,000 in 2020.