Karachi January 13 2023: Jahangir Siddiqui & Co. Ltd. has received a letter on January 12, 2023, from one of its subsidiaries, JS Bank Limited, expressing its interest in acquiring the Company's entire shareholding in BankIslami Pakistan Limited.
JSCL holds 235,684,306 ordinary shares (21.06% of paid up capital) of the face value of BankIslami Pakistan Limited.
Jahangir Siddiqui & Co. Ltd. was incorporated under the repealed Companies Ordinance, 1984 on May 04, 1991 as a public unquoted company. The principal activities of the Company are managing strategic investments, trading of securities, consultancy services, etc.
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