Mughal Energy to issue Sukuk worth Rs2.5bn with conversion option

15:45
November 25, 2024

November 25, 2024 (MLN): The Board of Directors of Mughal Energy Limited (PSX; GEMMEL) has approved certain amendments to the terms/structure of the Sukuk Issue of Rs2.5 billion.

The Sukuk shall now be issued to the existing shareholders of the Company, by way of right, along with a conversion option, to convert the Sukuk into the ordinary shares of the company.

The requisite approval of the members for further issue of share capital in relation to the conversion of convertible debt securities to share capital as required under the Issuance of Convertible Debt Securities through Right Offer Regulations, 2022 will be taken in due course of time, as stated by the company.

Accordingly, the management has called for an Extraordinary General Meeting to be held on January 1, 2025.

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Posted on: 2024-11-25T15:31:00+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.00000	278.10000	278.00000	277.80000	03:00 PM
2	EUR	1.05081	1.05087	1.05681	1.05053	10:17 AM
3	GBP	1.27306	1.27309	1.27659	1.27256	10:17 AM
4	CHF	0.88210	0.88250	0.88239	0.87710	10:17 AM
5	JPY	151.94200	151.95200	151.95200	150.90100	10:17 AM
6	CAD	1.41853	1.41867	1.41948	1.41572	10:17 AM
7	AUD	0.63784	0.63786	0.64378	0.63765	10:17 AM
8	INR	84.89300	84.89350	85.02490	84.76520	10:17 AM
9	SAR	3.75700	3.75740	3.75760	3.75670	08:17 PM
10	AED	3.67290	3.67320	3.67300	3.67290	08:17 PM
11	HKD	7.77517	7.77581	7.77740	7.77100	10:17 AM
12	CNH	7.26261	7.26290	7.27100	7.24202	10:17 AM
13	CNY	7.25000	7.25200	7.26370	7.23910	08:04 PM
14	THB	33.79400	33.81900	33.85000	33.65000	10:17 AM
15	MYR	4.42550	4.43050	4.42950	4.42550	04:12 AM
16	IDR	15,859.20000	15,871.10000	15,886.60000	15,848.20000	10:17 AM
17	SGD	1.34240	1.34250	1.34250	1.33802	10:17 AM
18	NZD	0.58034	0.58037	0.58578	0.58031	10:17 AM
19	MXN	20.22610	20.25610	20.28150	20.14960	10:17 AM
20	TRY	34.83490	34.84490	34.84868	34.80370	10:17 AM
21	SEK	10.97773	10.97869	10.98028	10.90410	10:17 AM
22	ZAR	17.85130	17.85370	17.90322	17.78820	10:17 AM
23	NOK	11.16087	11.16343	11.16395	11.09407	10:17 AM
24	DKK	7.09656	7.09709	7.09861	7.05671	10:17 AM
25	ARS	1,016.19740	1,016.20597	1,016.85200	1,014.33967	10:17 AM
26	BDT	117.85887	121.27920	118.01283	121.27920	07:19 AM
27	BHD	0.37710	0.37755	0.37720	0.37687	08:17 PM
28	BRL	6.04700	6.05000	6.11110	6.02598	10:17 AM
29	KRW	1,432.41000	1,432.82000	1,433.27000	1,425.98000	10:17 AM
30	KWD	0.30736	0.30796	0.30760	0.30720	08:17 PM
31	LKR	287.08920	293.73985	287.56132	293.73985	07:19 AM
32	OMR	0.38485	0.38515	0.38498	0.38500	08:16 PM
33	QAR	3.64500	3.64600	3.65000	3.64600	08:17 PM
34	RUB	102.47961	102.48818	102.50892	99.98209	10:17 AM
35	AFN	67.92076	69.82091	68.03727	69.82091	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:32 AM
37	TMT	3.36000	3.66000	3.36000	3.65000	07:00 PM
38	MVR	15.25000	15.55000	15.25000	15.55000	07:00 PM
39	UZS	12,848.33398	12,914.84166	12,851.48937	12,913.74099	07:19 AM
40	PHP	58.01300	58.05800	58.10200	57.93400	10:17 AM
42	NGN	1,576.81000	1,577.81000	1,576.82000	1,570.94000	09:30 AM
43	KES	128.25000	130.25000	128.58000	130.24000	09:19 AM
44	AMD	394.87000	394.87000	394.87000	394.87000	07:38 AM
45	TWD	32.53980	32.56980	32.55200	32.37900	10:17 AM
46	XAU	2,689.40000	2,689.75000	2,691.40000	2,658.26000	10:17 AM
47	XAG	31.93320	31.94680	32.05420	31.71480	10:17 AM
48	XPT	935.70000	938.70000	944.25000	934.00000	08:17 PM
49	XPD	959.70610	966.59190	987.00000	956.75000	08:17 PM
2,120	VES	48.82268	48.83841	49.79154	48.79635	10:16 AM
2,212	UGX	3,620.79941	3,706.30766	3,626.67779	3,706.30766	07:19 AM
2,213	TZS	2,489.98500	2,490.01500	2,601.88800	2,490.01500	06:19 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	111,759.58	108,896.652	107,711.40	-1,073.738	-0.976	669,926,243.0	48,589,192,240.370	10/12/2024 03:50 PM
ALLSHR	70,574.89	68,907.239	68,200.95	-677.719	-0.974	1,543,086,520.0	68,714,859,257.490	10/12/2024 03:50 PM
KSE30	34,734.49	33,808.720	33,378.42	-321.942	-0.943	236,940,033.0	36,404,562,517.650	10/12/2024 03:50 PM
KMI30	173,456.64	168,693.893	165,737.53	-439.894	-0.260	225,332,401.0	30,426,226,213.080	10/12/2024 03:50 PM
KMIALLSHR	49,957.06	48,537.541	47,925.10	-237.696	-0.487	987,640,688.0	54,488,080,118.880	10/12/2024 03:50 PM
BKTi	25,451.49	24,644.167	24,480.73	-705.893	-2.785	12,589,053.0	2,862,724,234.840	10/12/2024 03:50 PM
OGTi	27,982.30	27,365.445	26,896.50	236.167	0.871	18,062,039.0	6,762,822,004.110	10/12/2024 03:50 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	98,375.0	98,985.0	96,220.0	1,585.00
BRENT CRUDE	EB	72.1	72.3	71.5	-0.07
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	2.50
ROTTERDAM COAL MONTHLY	ET	114.0	114.0	114.0	0.10
USD RBD PALM OLEIN	POL	1,150.0	1,150.0	1,150.0	0.00
CRUDE OIL – WTI	QCL	68.4	68.6	67.7	0.02
SUGAR #11 WORLD	SB	21.0	21.5	20.8	-0.49