Transaction of 25,000 shares of First Equity Modaraba


Karachi, First Equity Modaraba informed Pakistan Stock Exchange about transaction of shares of the company. 25,000 shares @ Rs. 6.50 per share were bought from the market on September 03, 2021 through CDC.

First Equity Modaraba was formed in 1991. It is managed by Premier Financial Services (Private) Limited. The Modaraba is a perpetual, multipurpose Moradabad able to undertake a variety of fund and fee based activities. These include trading, manufacturing, equity investment and their financing and facilitation. The Modaraba is a TREC holder of Pakistan Stock Exchange Limited.

The total numbers of shares are 52,440,000. The Earnings per share is (0.11) in 2020 which was (0.06) in 2019. The Company had a loss of Rs. 5,861,000 in 2020 which was 3,304,000 in 2019.