Allied Rental Modaraba to be delisted from PSX on June 26

MG News | June 25, 2024 at 03:13 PM GMT+05:00

0:00

June 25, 2024 (MLN): The Pakistan Stock Exchange (PSX) has announced the delisting of Allied Rental Modaraba (ARM) with effect from tomorrow i.e. Wednesday, June 26, 2024.

The delisting comes as a result of the demerger of ARM into Allied Rental Services Limited and Allied Transport & Logistics Limited, following the fulfillment of relevant requirements.

It may be noted that the shares of the surviving entities have been issued to the certificate holders of ARM as per the Swap Ratio.

Copyright Mettis Link News

Related News

Zarea raises Rs1bn through Sukuk

Weekly Market Roundup

OGDC collects Rs7.7bn in energy sector circular debt

Name	Price/Vol	%Chg/NChg
KSE100	188,587.66 449.79M	-0.31% -579.17
ALLSHR	112,503.19 867.07M	-0.27% -306.46
KSE30	58,026.90 155.32M	-0.31% -180.82
KMI30	268,418.81 155.28M	-0.40% -1078.22
KMIALLSHR	72,509.98 549.07M	-0.44% -318.36
BKTi	53,346.13 36.94M	-0.33% -174.24
OGTi	38,638.48 11.10M	-0.64% -248.26

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,890.00	88,385.00 85,900.00	-1610.00 -1.80%
BRENT CRUDE	65.83	66.54 65.39	-0.05 -0.08%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-3.00 -3.34%
ROTTERDAM COAL MONTHLY	99.10	99.10 99.10	0.15 0.15%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	60.97	61.71 60.60	-0.10 -0.16%
SUGAR #11 WORLD	14.73	14.82 14.67	0.00 0.00%