Crescent Star Insurance Company Ltd Announces Right Issue
Crescent Star Insurance Company Ltd announced that it has decided for issuance of right shares to further raise the capital by PKR 322,750,000 representing 33,750,000 ordinary shares of PKR 10 each to be offered to members in the Extra Ordinary General Meeting (EOGM), the date of which will be announced later, at discount in the ratio of 4:11 i.e. eleven right shares for every four shares held i.e. 275% at a discount of PKR 4 per share.
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