“We would like to inform you that Fauji Foundation will not be proceeding with the due diligence process of Silkbank Limited, in pursuance of its application in this regard,” the bank said in a statement to the bourse.
June emerged as the most preferred and practical window due to Pakistan men’s national cricket team’s international commitments in March/April and late August/September.
The remaining 20 matches in June are now being planned following the men’s national cricket team’s return from Zimbabwe on 13 May and before their departure for England on 26 June.
“This initiative is part of a ‘Go-Green’ exercise to reduce litter and lower the cost of printed proceeds which are usually discarded immediately. In addition, sensitive customer information is left for others to peruse,” stated 1Link.