Karachi: MCB Bank Limited, through its registrar THK Associates (Pvt.) Limited, has announced the loss of several share certificates belonging to shareholder Rehana Wakil. The lost certificates are associated with Folio No. 55131 and were reported missing from her residence in North Nazimabad, Karachi.
The specific details of the lost certificates include numbers 1738426, 1738427, and 1953795, covering distinctive numbers from 550038679 to 550038791 and from 1014183626 to 1014183765. These certificates collectively represent a total of 253 shares.
According to information available from the Pakistan Stock Exchange (PSX), the bank has already initiated precautions by informing Exchange members about the loss. Members have been advised not to transact with these certificates. If no objections are raised within seven days from today's notice, MCB Bank will issue duplicate certificates to Ms. Wakil, and no further claims regarding the lost certificates will be entertained.
This notification underscores the importance of maintaining strict control and security over physical share certificates to prevent potential financial losses and administrative issues.