Karachi, In a significant rebranding move, First Dawood Investment Bank Limited has officially changed its name to First Dawood Properties Limited, along with a change in its stock symbol to ‘FDPL’. This change reflects the company's strategic shift and was announced to market participants through the Pakistan Stock Exchange. The National Clearing Company of Pakistan Limited (NCCPL) has approved the new security name and symbol, marking a new chapter for the company.
Effective from March 25, 2024, the rebranded First Dawood Properties Limited aims to embark on its future endeavors under this new identity. The change signifies not just a new name but potentially a new direction and focus for the company within the financial and real estate markets.