TPL Insurance approves an equity investment of up to 19.9% by Deutsche Investitions

10:04
October 20, 2020
MG

October 20, 2020 (MLN): The Board of Directors of TPL Insurance Limited have accorded their approval for an equity investment by Deutsche Investitions – und Entwicklungsgesellschaft mbH (DEG), a wholly owned subsidiary of KfW Group based in Cologne, Germany, a major development finance institution, of up to 19.9% equity interest in the Company by way of fresh issuance of ordinary shares other than by way of rights issue.

While Legal and Financial Due Diligence has already been carried out by DEG, the management of the Company has been authorized by the Board for negotiation and finalization of deal agreements as well as obtaining of requisite corporate and regulatory approvals, including but not limited to Shareholders’ approval, Competition Commission of Pakistan’s approval and Securities and Exchange Commission of Pakistan’s approval.

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Posted on: 2020-10-20T15:04:00+05:00

37545

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.30000	278.60000	278.60000	278.30000	03:06 PM
2	EUR	1.06395	1.06398	1.06398	1.06395	08:29 AM
3	GBP	1.24543	1.24548	1.24548	1.24543	08:29 AM
4	CHF	0.91258	0.91263	0.91263	0.91258	08:29 AM
5	JPY	154.66100	154.66700	154.66700	154.66100	08:29 AM
6	CAD	1.37821	1.37845	1.37845	1.37821	08:29 AM
7	AUD	0.64165	0.64167	0.64167	0.64165	08:29 AM
8	INR	83.61170	83.61220	83.61220	83.61170	08:29 AM
9	SAR	3.75100	3.75120	3.75120	3.75100	05:29 PM
10	AED	3.67230	3.67260	3.67260	3.67230	05:29 PM
11	HKD	7.83158	7.83183	7.83183	7.83158	08:29 AM
12	CNH	7.26890	7.26910	7.26910	7.26890	08:29 AM
13	CNY	7.23780	7.23850	7.23850	7.23780	11:41 PM
14	THB	36.59900	36.63800	36.63800	36.59900	08:29 AM
15	MYR	4.78950	4.79450	4.79450	4.78950	05:01 AM
16	IDR	16,201.90000	16,207.90000	16,207.90000	16,201.90000	08:29 AM
17	SGD	1.36416	1.36431	1.36431	1.36416	08:29 AM
18	NZD	0.58790	0.58850	0.58850	0.58790	08:29 AM
19	MXN	16.88880	16.89380	16.89378	16.88878	08:29 AM
20	TRY	32.50420	32.51150	32.51154	32.50417	08:29 AM
21	SEK	10.93700	10.93840	10.93835	10.93700	08:29 AM
22	ZAR	19.03290	19.03660	19.03660	19.03290	08:29 AM
23	NOK	10.96440	10.96660	10.96659	10.96437	08:29 AM
24	DKK	7.01206	7.01277	7.01277	7.01206	08:29 AM
25	ARS	868.25300	868.26300	868.26320	868.25320	08:29 AM
26	BDT	108.00300	111.39000	111.38964	108.00337	07:19 AM
27	BHD	0.37698	0.37702	0.37702	0.37698	05:29 PM
28	BRL	5.23990	5.24290	5.24290	5.23990	08:29 AM
29	KRW	1,392.32000	1,394.32000	1,394.32000	1,392.32000	08:29 AM
30	KWD	0.30815	0.30825	0.30825	0.30815	05:29 PM
31	LKR	296.77900	303.36300	303.36323	296.77881	07:19 AM
32	OMR	0.38498	0.38503	0.38503	0.38498	11:32 AM
33	QAR	3.64650	3.64850	3.64850	3.64650	05:29 PM
34	RUB	93.30000	93.35000	93.35000	93.30000	08:00 PM
35	AFN	71.27170	73.15300	73.15295	71.27169	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:27 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.63000	15.63000	15.26000	08:00 PM
39	UZS	12,628.00000	12,693.80000	12,693.82898	12,627.98474	07:19 AM
40	PHP	56.92100	56.95300	56.95300	56.92100	08:29 AM
42	NGN	1,147.20000	1,148.20000	1,148.20000	1,147.20000	06:47 AM
43	KES	131.00000	133.00000	133.00000	131.00000	08:17 AM
44	AMD	368.63000	425.06800	425.06761	368.63022	07:19 AM
45	TWD	32.54000	32.54900	32.54900	32.54000	08:29 AM
46	XAU	2,371.98000	2,372.24000	2,372.24000	2,371.98000	08:28 AM
47	XAG	28.26420	28.27180	28.27180	28.26420	08:28 AM
48	XPT	961.65000	966.65000	966.65000	961.65000	05:29 PM
49	XPD	1,008.28000	1,018.28000	1,018.28000	1,008.28000	05:29 PM
2,120	VES	36.18970	36.28460	36.28456	36.18970	08:00 PM
2,212	UGX	3,790.75000	3,875.40000	3,875.40388	3,790.74700	07:19 AM
2,213	TZS	2,584.99000	2,585.01000	2,585.01500	2,584.98500	06:47 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,092.61	70,483.661	70,405.24	-60.920	-0.086	219,859,414.0	13,403,041,469.900	16/04/2024 04:13 PM
ALLSHR	46,777.52	46,296.901	46,240.20	-53.140	-0.115	548,263,795.0	21,024,311,611.130	16/04/2024 04:13 PM
KSE30	23,398.52	23,202.557	23,173.56	11.473	0.050	100,335,756.0	10,356,636,764.550	16/04/2024 04:13 PM
KMI30	119,620.65	118,234.978	118,081.07	-328.264	-0.277	107,723,344.0	7,905,123,714.070	16/04/2024 04:13 PM
KMIALLSHR	33,171.70	32,854.462	32,821.61	-20.241	-0.062	273,393,087.0	15,477,336,218.630	16/04/2024 04:13 PM
BKTi	17,714.71	17,619.616	17,395.46	182.548	1.047	26,942,731.0	2,795,917,414.630	16/04/2024 04:13 PM
OGTi	16,884.29	16,634.785	16,610.31	48.365	0.292	19,940,745.0	2,711,329,130.080	16/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	63,095.0	64,085.0	61,910.0	-465.00
BRENT CRUDE	EB	89.6	90.8	89.5	-0.51
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-4.00
ROTTERDAM COAL MONTHLY	ET	121.5	121.5	121.5	0.80
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	84.9	86.2	84.8	-0.55
SUGAR #11 WORLD	SB	19.4	20.1	19.3	-0.60

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