Habib Metropolitan Modaraba to merge with First Habib Modaraba

News Image

MG News | March 30, 2022 at 02:53 PM GMT+05:00

0:00

March 30, 2022 (MLN): The Board of Directors of Habib Metropolitan Modaraba Management Company (Private) Limited, being the Modaraba Management Company for Habib Metro Modaraba held on March 30, 2022, has resolved in principle to merge Habib Metro Modaraba with and into First Habib Modaraba.

However, this merger is subject to the approval of the Securities and Exchange Commission of Pakistan (SECP) and other concerned authorities.

The merger is likely to benefit the certificate holders through cost efficiencies and business synergies.

The board has advised the management to undertake necessary steps in this regard.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 139,588.14
14.93M
0.85%
1175.89
ALLSHR 86,483.51
33.01M
0.91%
780.55
KSE30 42,616.28
8.17M
0.86%
361.43
KMI30 196,195.25
7.89M
1.07%
2085.66
KMIALLSHR 57,380.26
12.45M
1.18%
666.59
BKTi 38,056.14
1.61M
0.59%
224.80
OGTi 28,138.34
3.83M
2.54%
697.71
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,255.00 119,430.00
117,905.00
1635.00
1.39%
BRENT CRUDE 72.33 72.82
72.26
-0.91
-1.24%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.96 70.41
69.89
-0.04
-0.06%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News
July 31, 2025 at 09:36 AM GMT+05:00

Asian Markets mixed amid trade tensions


July 31, 2025 at 09:12 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 30, 2025 at 09:36 PM GMT+05:00

Pakistan advances into the era of digital economy



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg