Bank Makramah finalizes sale of Cullinan Tower

MG News | August 01, 2025 at 03:08 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

August 1, 2025 (MLN): Bank Makramah Limited (PSX:BML) has officially concluded the sale of its prime real estate asset, Cullinan Tower (formerly Summit Tower), located at Plot No. G-2, Block-2, Scheme-5, Clifton, Karachi.

Based on a notification sent to the Pakistan Stock Exchange (PSX), the Sale Purchase Agreement (SPA) was executed today, and the bank has received the down payment for the transaction.

The move follows the earlier approval of the bank’s Board of Directors during a meeting held on July 3, 2025.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	177,623.88 478.02M	-0.36% -638.45
ALLSHR	107,472.27 954.45M	-0.34% -365.17
KSE30	53,131.56 115.62M	-0.41% -216.11
KMI30	250,814.93 150.64M	-0.28% -695.43
KMIALLSHR	68,971.49 608.41M	-0.29% -202.37
BKTi	50,769.48 23.80M	-0.58% -295.25
OGTi	34,999.12 6.26M	-0.71% -249.30

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,895.00	63,895.00 63,895.00	25.00 0.04%
BRENT CRUDE	84.56	88.06 82.52	-3.80 -4.30%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.50 -0.47%
ROTTERDAM COAL MONTHLY	120.00	0.00 0.00	0.25 0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	79.13	82.43 77.78	-3.48 -4.21%
SUGAR #11 WORLD	14.56	14.70 14.50	-0.02 -0.14%