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Fauji Cement to issue right shares

KARACHI : Fauji Cement Company Ltd will issue 637.826 million right shares of Rs 10 each at a 50 percent discount.

Published May 24, 2011 Updated May 24, 2011 04:05pm

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fauji-cement KARACHI: Fauji Cement Company Ltd will issue 637.826 million right shares of Rs 10 each at a 50 percent discount.

According to a communique despatched to Karachi Stock Exchange here on Tuesday, the company said that right shares will be offered at Rs 5 per share.

Copyright APP (Associated Press of Pakistan), 2011

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