Bank Alfalah offers to acquire SNB’s stake in Samba Bank

09:30
March 29, 2024

March 29, 2024 (MLN): Saudi National Bank (SNB), as the majority shareholder of Samba Bank Limited (PSX: SBL), has received a nonbinding offer from Bank Alfalah Limited relating to the proposed divestment of SNB's 100% stake in SBL Pakistan, representing approximately 84.51 % shares in Samba Pakistan, the company's filing on PSX revealed today.

SNB has agreed to evaluate the non-binding offer and will invite Bank Alfalah Limited to conduct diligence on Samba Pakistan.

This is subject to compliance with requirements under applicable law, including execution of a non-disclosure agreement, issuance of public announcement of intention by Bank Alfalah Limited under the Securities Act, 2015 and approval from the State Bank of Pakistan.

Any decision relating to the Potential Transaction shall be subject to internal and regulatory approvals, and execution of definitive agreements.

Copyright Mettis Link News

Posted on: 2024-03-29T09:16:31+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	280.90000	280.95000	280.90000	280.85000	03:07 PM
2	EUR	1.14990	1.15020	1.15140	1.14980	08:14 PM
3	GBP	1.33737	1.33746	1.33798	1.33726	08:14 PM
4	CHF	0.81056	0.81071	0.81060	0.80921	08:14 PM
5	JPY	141.12500	141.13400	141.14800	140.86200	08:14 PM
6	CAD	1.38290	1.38330	1.38450	1.38290	05:14 AM
7	AUD	0.64150	0.64170	0.64220	0.64120	05:14 AM
8	INR	85.15400	85.16400	85.15400	85.16400	05:03 AM
9	SAR	3.75170	3.75190	3.75170	3.75190	05:14 AM
10	AED	3.67290	3.67320	0.00000	0.00000	02:00 AM
11	HKD	7.75970	7.76000	7.75980	7.75880	05:14 AM
12	CNH	7.29440	7.29510	7.29530	7.29150	05:14 AM
13	CNY	7.29140	7.29340	0.00000	0.00000	08:01 PM
14	THB	33.23000	33.25000	33.25000	33.15000	05:14 AM
15	MYR	4.37200	4.38500	4.37200	4.38500	05:13 AM
16	IDR	16,800.00000	16,810.00000	0.00000	0.00000	12:50 PM
17	SGD	1.30560	1.30570	1.30570	1.30440	05:14 AM
18	NZD	0.59950	0.60000	0.60020	0.59900	05:14 AM
19	MXN	19.69530	19.70580	19.73800	19.70280	05:14 AM
20	TRY	38.20990	38.27130	38.23660	38.20080	05:14 AM
21	SEK	9.52410	9.53810	9.53520	9.51940	05:14 AM
22	ZAR	18.68460	18.71460	18.70613	18.70534	08:14 PM
23	NOK	10.37448	10.37928	10.37569	10.36760	08:14 PM
24	DKK	6.49334	6.49425	6.49476	6.48588	08:14 PM
25	ARS	1,125.32360	1,125.33360	1,125.40293	1,124.06169	08:14 PM
26	BDT	119.84445	123.01168	119.84445	122.97988	08:00 PM
27	BHD	0.37690	0.37695	0.00000	0.00000	09:17 PM
28	BRL	5.80580	5.80880	5.80720	5.80820	08:11 PM
29	KRW	1,421.56000	1,423.56000	1,421.85000	1,423.00000	08:14 PM
30	KWD	0.30604	0.30614	0.00000	0.00000	12:10 AM
31	LKR	295.83597	301.99447	295.83597	301.29057	08:00 PM
32	OMR	0.38473	0.38523	0.38490	0.38505	03:00 AM
33	QAR	3.63770	3.65930	0.00000	0.00000	12:19 AM
34	RUB	81.25423	81.26205	81.25423	81.18828	08:14 PM
35	AFN	70.00000	73.00000	71.00000	73.00000	08:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:16 AM
37	TMT	3.35000	3.65000	3.35000	3.65000	08:00 PM
38	MVR	15.26000	15.55000	15.26000	15.55000	08:00 PM
39	UZS	12,870.00000	12,960.00000	12,870.00000	12,960.00000	08:00 PM
40	PHP	56.47600	56.74400	56.68200	56.49000	08:00 PM
42	NGN	1,604.15000	1,605.15000	1,610.50000	1,600.08000	08:00 PM
43	KES	128.85000	130.85000	130.85000	130.00000	08:00 PM
44	AMD	390.51000	390.51000	390.51000	390.51000	08:00 PM
45	TWD	32.44150	32.47150	32.44440	32.47090	08:14 PM
46	XAU	3,314.93000	3,315.32000	3,314.93000	3,315.32000	08:00 PM
47	XAG	32.39530	32.41310	32.39530	32.41310	08:00 PM
48	XPT	964.70000	972.20000	966.30000	965.00000	05:14 AM
49	XPD	938.96040	944.61040	941.09240	935.53190	05:14 AM
2,120	VES	80.75740	80.95985	80.75740	80.95985	08:00 PM
2,212	UGX	3,623.96622	3,703.14974	3,624.62280	3,703.14974	08:00 PM
2,213	TZS	2,684.98500	2,685.01500	2,684.98500	2,685.01500	08:00 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	118,827.47	118,383.382	117,712.70	1,067.793	0.910	367,336,343.0	26,561,001,315.420	21/04/2025 03:50 PM
ALLSHR	74,170.20	73,970.948	73,621.10	623.104	0.850	670,636,710.0	36,399,426,993.760	21/04/2025 03:50 PM
KSE30	36,630.93	36,395.141	36,232.31	278.767	0.772	128,915,128.0	19,945,980,937.750	21/04/2025 03:50 PM
KMI30	179,716.60	179,418.564	177,976.48	1,662.566	0.935	187,781,394.0	19,768,742,574.690	21/04/2025 03:50 PM
KMIALLSHR	51,535.52	51,448.947	51,106.09	457.717	0.898	513,865,463.0	29,826,587,990.170	21/04/2025 03:50 PM
BKTi	29,538.12	29,136.225	28,506.23	794.023	2.802	31,052,755.0	5,368,332,030.340	21/04/2025 03:50 PM
OGTi	28,122.65	27,867.674	27,810.07	-190.191	-0.678	6,618,324.0	2,036,689,349.570	21/04/2025 03:50 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	87,665.0	87,760.0	87,070.0	130.00
BRENT CRUDE	EB	66.8	66.9	66.7	0.53
RICHARDS BAY COAL MONTHLY	EF	89.5	0.0	0.0	0.50
ROTTERDAM COAL MONTHLY	ET	103.5	0.0	0.0	0.95
USD RBD PALM OLEIN	POL	1,056.5	1,056.5	1,056.5	0.00
CRUDE OIL – WTI	QCL	63.0	63.1	62.7	0.59
SUGAR #11 WORLD	SB	17.7	18.1	17.7	-0.10

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