FPRM to form subsidiary to scale up AML/CFT business

MG News | July 12, 2023 at 01:38 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 12, 2023 (MLN): The Board of Directors (BoD) of First Paramount Modaraba (PSX: FPRM) has approved the formation of a subsidiary of the company to scale up the areas of operations of their AML CFT-related business.

Modaraba's principal activities include the deployment of funds for Murabaha, Modaraba, and Musharaka arrangements.

At the time of writing, the share of the company is being traded at Rs3.85, down by 15 paisa or 3.75% DoD.

Copyright Mettis Link News

Related News

JSCL approves Rs87m investment in EFU Life rights shares

Applied for SE Fruits IPO? Your Refund Is on Its Way

Kohinoor Mills adds 3MW solar, takes total capacity to 10.2MW

Name	Price/Vol	%Chg/NChg
KSE100	166,381.94 72.28M	0.58% 964.43
ALLSHR	101,089.27 225.84M	0.74% 743.21
KSE30	49,322.38 22.80M	0.58% 283.89
KMI30	240,240.41 36.91M	0.60% 1442.48
KMIALLSHR	65,634.66 142.85M	0.73% 472.69
BKTi	45,818.01 2.33M	0.55% 250.27
OGTi	33,778.52 2.15M	0.66% 222.12

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,625.00	82,000.00 80,225.00	-1200.00 -1.47%
BRENT CRUDE	104.38	105.83 104.00	-1.68 -1.58%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.20 0.16%
ROTTERDAM COAL MONTHLY	144.90	144.90 144.90	-0.60 -0.41%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	94.05	95.31 93.58	-1.04 -1.09%
SUGAR #11 WORLD	20.88	21.29 20.80	-0.23 -1.09%