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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds) more

Mauritius-based firm buys 59pct Mybank shares

Posted on 02 October 2009

From Thenews.com.pk: Loss-ridden Mybank on Thursday announced the sale of 59.34 per cent shares to a Mauritius-based investment firm, which had recently acquired Arif Habib Bank.

In a notice issued to the Karachi Stock Exchange (KSE), Mybank said a sale-purchase agreement was executed on September 30 to sell stocks to Suroor Investments Limited at Rs8 per share………………Full Article: Source

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