Summit Bank increases its Authorized Capital from Rs28bn to Rs90bn
MG News | October 11, 2021 at 05:03 PM GMT+05:00
October 11, 2021 (MLN): The Board of Directors of Summit Bank Limited have approved the increase in the Authorized Capital of the Bank from Rs28 billion to Rs 90 billion subject to the approval of the regulatory authorities and the shareholders of the Bank.
The Board has further approved the issue of 5,976,095,618 new ordinary shares by way of without rights offer at a discounted price of Rs2.51/- per share to His Excellency Nasser Abdulla Hussain Lootah (the Acquirer) and the minority shareholders subject to the approval of the regulatory authorities and the shareholders of the Bank, Bank's notice to PSX said.
Copyright Mettis Link News
Related News
_20260718084208095_39c9d2.jpeg?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 175,802.79 267.06M | -1.30% -2320.78 |
| ALLSHR | 106,568.29 617.78M | -1.25% -1352.24 |
| KSE30 | 52,497.68 83.82M | -1.25% -665.92 |
| KMI30 | 247,323.37 106.69M | -1.37% -3422.76 |
| KMIALLSHR | 68,315.26 363.70M | -1.37% -952.13 |
| BKTi | 49,936.11 23.35M | -1.18% -594.28 |
| OGTi | 34,758.02 9.23M | -1.71% -605.59 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,500.00 | 65,000.00 63,980.00 | 230.00 0.36% |
| BRENT CRUDE | 88.26 | 88.38 83.71 | 4.03 4.78% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -0.65 -0.61% |
| ROTTERDAM COAL MONTHLY | 119.80 | 120.30 119.80 | 0.00 0.00% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 81.77 | 0.00 0.00 | -0.01 -0.01% |
| SUGAR #11 WORLD | 14.82 | 14.94 14.39 | 0.38 2.63% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Summary of Foreign Investments in Pakistan
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()