Telecard announces book-building dates for listing of Supernet Ltd

MG News | March 28, 2022 at 03:34 PM GMT+05:00

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March 28, 2022 (MLN): Telecard’s subsidiary Supernet Limited (SNL) has received clearance from Pakistan Stock Exchange (PSX) for the book building dates for its proposed listing, the company’s filing on the bourse showed today.

Accordingly, the book-building dates have been set as Tuesday, April 12, 2022, and Wednesday, April 13, 2022, the notice said.

Last month, PSX approved the listing application of SNL. The company will offer a maximum extent of up to 18,343,195 ordinary shares to the public.

Topline Securities Limited has been appointed to act as the Lead Manager & Book Runner to represent SNL for a listing of the SNL's share on PSX along with the OFS for the Company and for carrying out all services of Lead Manager & Book Runner including obtaining approvals from PSX and the SECP.

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