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Soneri Bank raises paid up cap through right shares

KARACHI : Soneri Bank Ltd has raised its paid up capital to more than Rs 7.024 billion through right shares, fulfilling
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By Parvez Jabri
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soneriKARACHI: Soneri Bank Ltd has raised its paid up capital to more than Rs 7.024 billion through right shares, fulfilling SBP condition for minimum capital requirement (MCR).

According to a communique of the bank despatched to Karachi Stock Exchange here Friday, the bank has received over Rs 1.011 billion after the allotment of 200.272 million right shares at Rs 5 per share.

Copyright APP (Associated Press of Pakistan), 2011

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