Karachi: In a significant development for stakeholders, East West Insurance Company Limited has confirmed the allotment of 13,348,674 securities to the Central Depository Company of Pakistan Limited. The securities were credited into the respective accounts within the Central Depository System by the end of December 3, 2024, according to the confirmation letter received.

The transaction marks an important step in the process of crediting the Un-Paid Right of East West Insurance Company Limited, enhancing the company's financial facilitation and management within Pakistan's financial markets.

According to information available from the Pakistan Stock Exchange (PSX), the crediting process was completed as scheduled, ensuring that the securities were successfully allocated to the appropriate accounts. Stakeholders have been notified of the completion of this process.

For further inquiries, East West Insurance Company Limited has advised stakeholders to reach out for more information if required.