BML receives full Rs12bn consideration for Cullinan Tower

MG News | September 02, 2026 at 09:36 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

September 2, 2026 (MLN): Bank Makramah Limited (PSX: BML) has received the remaining sale consideration for Cullinan Tower (formerly Summit Tower), located at Plot No. G-2, Block-2, Scheme-5, Clifton, Karachi.

The BML Board of Directors approved the sale of Cullinan Tower on July 3, 2025. Subsequently, on August 1, 2025, the Sale Purchase Agreement (SPA) was executed and the down payment was received against the transaction.

The amount received completes the total sale consideration of Rs12bn, concluding the transaction successfully.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,498.10 114.94M	0.20% 344.93
ALLSHR	103,817.94 602.58M	0.33% 340.91
KSE30	51,012.20 48.15M	0.22% 110.22
KMI30	244,746.36 64.89M	0.40% 980.69
KMIALLSHR	67,327.52 358.29M	0.36% 240.48
BKTi	47,508.79 8.53M	-0.22% -105.92
OGTi	35,196.27 3.79M	0.98% 342.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,280.00	86,950.00 85,195.00	-310.00 -0.36%
BRENT CRUDE	98.26	102.30 98.22	-2.08 -2.07%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.10 4.92%
ROTTERDAM COAL MONTHLY	137.10	137.10 137.10	-0.20 -0.15%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	89.83	93.84 89.75	-2.54 -2.75%
SUGAR #11 WORLD	18.12	18.43 18.02	-0.27 -1.47%