Karachi, Habib Metropolitan Modaraba Management Company (Pvt) Limited informed Pakistan Stock Exchange about transaction of shares of the company. 40,000 shares @ Rs. 9.50 per share were bought from the market on August 24, 2021 through CDC.
Habib Metro Modaraba is a multipurpose, perpetual modaraba floated under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the Rules framed thereunder and is managed by Habib Metropolitan Modaraba Management Company (Private) Limited (the Modaraba Management Company). The Modaraba is engaged in Residual Value car financing model on diminishing musharika basis, providing financing for solar power equipment’s and other related business.