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Tag Archives: Allied Bank Ltd (ABL)

131m shares each at Rs110: Zubair lauds investors for overwhelming interest in ABL’s divestment

privatization

ISLAMABAD: The Cabinet Committee on Privatization (CCOP) unanimously approved strike price of Rs. 110/- per share for divestment of government’s residual shares in Allied Bank Ltd. (ABL). According to the press release issued by Finance Ministry, during the meeting of privatization board, held on December 11, under the chair of Finance Minister, Ishaq Dar, recommended the ‘Strike Price of Rs.110/- ... Read More »

131m shares each at Rs110: Zubair lauds investors for overwhelming interest in ABL’s divestment

privatization

ISLAMABAD: The Cabinet Committee on Privatization (CCOP) unanimously approved strike price of Rs. 110/- per share for divestment of government’s residual shares in Allied Bank Ltd. (ABL). According to the press release issued by Finance Ministry, during the meeting of privatization board, held on December 11, under the chair of Finance Minister, Ishaq Dar, recommended the ‘Strike Price of Rs.110/- ... Read More »

10pc ABL shares: Govt eyes Rs13b from transaction; 42.2pc HBL shares to follow

ABL

ISLAMABAD: The Privatisation Commission have finalized arrangements to divest 10 percent shares of Allied Bank Ltd (ABL) to generate around Rs13 billion. The govt wants to sell the 10 percent remaining shares in ABL to generate around Rs13 billion through notifying floor price of ABL shares to Karachi Stock Exchange, Lahore Stock Exchange and Islamabad Stock Exchange. According to reports, ... Read More »

Rs1.5 bln embezzlement: FIA nails ex-KMC director; another accused already nabbed

FIA Embazzlement

KARACHI: In its efforts to unfold the saga around Rs1.5 billion embezzlement, former Karachi Metropolitan Corporation (KMC) education director was nailed by the Federal Investigation Agency (FIA) who had secured a pre-arrest bail some days back. It is to be noted that the FIA had arrested former KMC budget director Nasir Mehmood Ishaque in the scam that also involved senior ... Read More »