Units of GRR’s investors not kept in blocked accounts

MG News | December 30, 2022 at 04:04 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 30, 2022 (MLN): In line with the regulations of the Real Estate Investment Trust Regulations 2022, after the listing of units of Globe Residency REIT (GRR), the units of investors of GRR are not kept in blocked accounts, Arif Habib Dolmen REIT Management Limited informed through a notification to exchange.

"An RMC shall hold or arrange through Strategic Investor(s), a minimum twenty-five (25) percent Units of the initial size of the REIT Fund (equity only), till revocation of the fund or listing of REIT Scheme, whichever is earlier and the same shall be kept in an account marked as blocked and shall not be sold, transferred or encumbered," Real Estate Investment Trust Regulations 2022 read.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	175,328.82 259.37M	0.23% 399.13
ALLSHR	106,442.83 871.95M	0.22% 236.26
KSE30	52,294.83 70.59M	0.21% 109.76
KMI30	250,239.14 117.86M	0.27% 676.97
KMIALLSHR	68,844.23 590.83M	0.27% 185.40
BKTi	49,072.93 17.11M	0.20% 97.65
OGTi	35,769.80 17.60M	0.71% 253.52

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	79,975.00	80,070.00 79,975.00	-80.00 -0.10%
BRENT CRUDE	95.85	96.57 93.15	0.33 0.35%
RICHARDS BAY COAL MONTHLY	126.75	0.00 0.00	1.10 0.88%
ROTTERDAM COAL MONTHLY	138.45	138.45 136.80	2.75 2.03%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	91.22	92.17 88.72	-0.08 -0.09%
SUGAR #11 WORLD	18.02	18.48 17.92	-0.05 -0.28%