PSX Revises KSE-100 Index With Four New Companies Effective October 1
Pakistan Stock Exchange has recomposed the KSE-100 Index, adding four companies and removing four others following its March-August 2026 review.
Bank Makramah Drops DM Holdings Proposal as Lootah Plans Rs10bn Capital Injection
Bank Makramah Limited has discontinued a proposed DM Holdings-led equity investment and is proceeding with sponsor Nasser Abdulla Hussain Lootah’s planned Rs10 billion capital injection, subject to approvals.
Bank Makramah Completes Cullinan Tower Sale for Rs12 Billion
Bank Makramah has received the remaining sale consideration for Cullinan Tower, formerly Summit Tower, completing the Karachi property transaction for Rs12 billion.
Nasser Abdulla Hussain Lootah Commits Additional Rs10 Billion Equity To Bank Makramah
Bank Makramah’s board approves a proposed Rs10 billion sponsor equity investment by Nasser Abdulla Hussain Lootah, taking his aggregate investment to Rs51 billion.
Bank Makramah Approves Rs10 Billion Sponsor Investment
Bank Makramah’s Board has approved a Rs10 billion sponsor investment, with the amount to be recorded as an advance against share subscription pending regulatory and corporate approvals.
Bank Makramah Restructures Shareholding, Converts Rs3.35bn TFCs into Equity
Bank Makramah Limited has approved a restructuring plan to revise sponsor share valuation, enhance free float, and convert Rs3.35 billion in TFC liabilities into equity, subject to regulatory and court approvals.
Bank Makramah Turns Profitable with Rs891m Gain in 9MCY25 After Last Year’s Loss
Bank Makramah Limited (BML) reported a strong turnaround with a profit of Rs891 million for the nine months ended September 2025, recovering from a Rs3.18 billion loss last year, driven by higher gains on securities and improved income streams.
Bank Makramah Concludes Sale of Iconic Cullinan Tower in Clifton Karachi
Bank Makramah Limited has finalized the sale of Cullinan Tower in Clifton, Karachi, following Board approval and execution of the Sale Purchase Agreement, marking a major strategic asset divestment.