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Pak Kuwait Investment Sold NCCPL Shares Of PKR 69.4 Million To PSX

admin-augaf by admin-augaf
August 23, 2021
in Business
Reading Time: 1 min read
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Pak Kuwait Investment Sold NCCPL Shares Of PKR 69.4 Million To PSX

Pak Kuwait Investment Sold NCCPL Shares Of PKR 69.4 Million To PSX

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Karachi August 23 2021: Pakistan Stock Exchange informed that the transaction for additional investment of PKR 69,411,706/- in National Clearing Company of Pakistan Limited (NCCPL) by the Exchange through acquisition of 2,669,681 ordinary shares of PKR 10/- each from Pakistan Kuwait Investment Company (Private) Limited (a shareholder of NCCPL) at a price of PKR 26/- per share, has been positively concluded.


A L S O || R E A D

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As a result of the above transaction, the aggregate shareholding of PSX in NCCPL has been increased to 49.71 per cent (i.e. 50,130,598 ordinary shares of PKR 10/- each).


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