Dawood Hercules Corp. (DAWH) seeks to raise PKR 6 Billion from Sukuk Bonds

MG News | September 27, 2017 at 09:37 AM GMT+05:00

0:00

In a notice addressed to PSX, Dawood Hercules (DAWH) have informed all the relevant stakeholders that, it seeks to raise 6,000,000,000/- (PKR 6 Billion) funds in the form of Rated, Over the Counter Listed & Secured Sukuk (Islamic Bonds) under Section 66 of the Companies Act 2017 and the Regulations governing over the counter Market under Schedule III for a period of 05 Years.

Company informed regarding utilization of Funds from Sukuk saying, the funds will be used for consolidating and re-profiling the existing debt.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	166,553.28 727.76M	-0.47% -793.56
ALLSHR	101,296.66 1,567.06M	-0.28% -289.04
KSE30	50,903.27 227.71M	-0.57% -289.80
KMI30	241,347.86 135.29M	-0.16% -394.95
KMIALLSHR	66,524.37 778.95M	-0.27% -179.92
BKTi	47,779.01 130.29M	-0.85% -408.88
OGTi	32,913.20 28.90M	0.79% 259.34

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,185.00	111,065.00 106,950.00	-3920.00 -3.50%
BRENT CRUDE	62.39	62.83 61.38	1.07 1.74%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	92.75	0.00 0.00	0.70 0.76%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	58.37	58.82 57.34	1.13 1.97%
SUGAR #11 WORLD	15.12	15.44 15.11	-0.12 -0.79%