PSX receives remaining 3.9mn shares of EClear

MG News | December 08, 2021 at 04:44 PM GMT+05:00

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December 8, 2021 (MLN): Pakistan Stock Exchange (PSX) has been credited with 3,900,000 ordinary shares of Rs10 per share of EClear Services Limited (EClear) against the remaining investment of Rs39 million in EClear, said a notification issued by PSX today.

The aforesaid amount is the part of an investment worth Rs75mn in the proposed venture being sponsored by Central Depository Company of Pakistan Limited which was approved on December 23, 2020.

Later, on June 15, 2021, 3,600,000 ordinary shares of Rs10 each had been credited to the exchange upon the initial investment of Rs36mn.

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