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SBL raises paid up capital to Rs8.7bn

KARACHI : The paid up capital of Summit Bank Ltd (SBL) has been enhanced from Rs7.250 billion to Rs8.700 billion after r
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By Imad Uddin

karachi-stock-marketKARACHI: The paid up capital of Summit Bank Ltd (SBL) has been enhanced from Rs7.250 billion to Rs8.700 billion after receiving Rs1.45 billion against issue of right shares.

According to information despatched to Karachi Stock Exchange here Monday, the bank said that 145.013 million right shares were floated last month to raise paid up capital under SBP's requirements.

 

Copyright APP (Associated Press of Pakistan), 2011

 

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