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Wednesday, December 13th, 2017

The Karachi Stock Exchange Limited’s preference shares issue

Be First!

Karachi, August 05, 2013 (PPI-OT): With reference to your letter No.KSE/C-1054-B-4165 on the captioned subject.

– Details of subscription amount received by the Bank is as follows:-

Amount (Rupees)
Total Issue Size-Summit Bank Preference Shares             2,155,959,160
Sponsors Subscription received                             1,109,360,790
General Public Subscription received                             165,130
Underwriters Subscription received                           749,929,200
Balance receivable from Underwriter                          296,504,040

The above balance receivable from underwriter will be received shortly.

Preference Shares pertaining to General Public and Underwrites has been transferred to respective CDS Account whereas physical preference shares (General Public) will be dispatched by August 7, 2013.

Auditor’s certificate will be provided shortly.

For more information, contact:
Syed Imran Hashmi
Chief Financial Officer Acting
The Karachi Stock Exchange Limited
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136


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