SECP okays issuance of further Modaraba Certificates of FTMM to Treet Corporation Ltd

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By MG News | July 26, 2021 at 12:04 PM GMT+05:00

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July 26, 2021 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has approved the issue of 183,590,293 Modaraba Certificates of the First Treet Manufacturing Modaraba (FTMM) to Treet Corporation Limited without offering the same to the existing certificate holders of the Modaraba as provided in Section 83(1)(b) of the Companies Act, 2017.

The above information was disseminated by the company via notification to Pakistan Stock Exchange on Monday.  

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