United Bank Limited Reports Loss of Share Certificates

Business & Finance

Lahore: United Bank Limited has announced the loss of multiple share certificates belonging to THK Associates (Private) Limited. The affected folio numbers are 44509 and 89249. This incident was made public today, as detailed by the Pakistan Stock Exchange.

The lost certificates span several series of shares, with distinctive numbers and quantal figures specified for each certificate. For folio number 44509, registered under Azhar Khurshid Chaudhary of Lahore, six certificates have been reported lost. The distinctive numbers range from 526896601 to 1129593061, representing varying amounts of shares lost, the smallest batch being 39 shares and the largest 200.

Similarly, for folio number 89249, four certificates are missing, with the smallest loss consisting of just 3 shares and the largest batch containing 62 shares. The range of distinctive numbers for these certificates extends from 643253816 to 526897200.

According to information available from the Pakistan Stock Exchange (PSX), United Bank Limited has urged the members of the Exchange to avoid dealing with these certificates. A notice period of 21 days has been given for any objections to be raised; otherwise, duplicate certificates will be issued to the concerned individuals.