TPL REIT Fund I joins PSX on May 20

MG News | May 17, 2024 at 03:16 PM GMT+05:00

0:00

May 17, 2024 (MLN): Pakistan Stock Exchange Limited (PSX) has announced the listing of TPL REIT Fund I (TPLRF1 or the REIT Scheme) with effect from Monday, May 20, 2024.

Trading in the units of the REIT Scheme will commence on the Main Board of PSX from Monday and shall be settled on a T+2 basis.

Accordingly, the first settlement date will be Wednesday, May 22, 2024.

The Market Lot of the REIT Scheme will be 1 unit of Rs10 each.

Moreover, the units of the REIT Scheme have already been declared an eligible security by the Central Depository Company of Pakistan Limited (CDC) and all the transactions shall be settled through the National Clearing Company of Pakistan Limited (NCCPL).

NCCPL has assigned "TPLRF1" to the company as their Company Code / Security Symbol.

It is important to mention the Opening Price of the units of the REIT Scheme will be Rs17.59 per unit.

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