Page 4 - Further Issue News Today

SECP amends regulations to facilitate SMEs, Startups % The Securities and Exchange Commission of Pakistan (SECP) to address the impediments faced by the corporate

After the amendments, the requirement of prior approval of SECP has now been abolished.

The Securities and Exchange Commission of Pakistan (SECP) has introduced amendments in the Companies (Further Issue of Shares) Regulations, 2020, to address the impediments being faced by the corporate sector, particularly startups and small companies, in raising equity through conventional modes. The SECP statement issued on Tuesday said that key changes include permission to convert one class of shares into another class or kind e.g. ordinary into preference shares, issuance of shares with dif...

Investegate announcements from Escape Hunt PLC, Acquisition, Fundraising & Change of Name

Investegate announcements from Predator O&G Hldgs, Further issue of 11,784,845 new Ordinary Shares

RNS Number: 5633 B Predator Oil& Gas Holdings PLC 11 June 2021 FOR IMMEDIATE RELEASE. Predator Oil& Gas Holdings Plc/ Index: LSE/ Epic: PRD/ Sector:...

SANASA Development Bank has resolved to raise capital through the issuance of new Ordinary Voting Shares to the public via a Secondary Public Offering (SPO), the bank said in a stock exchange filing. The SPO under consideration constitutes of an invitation to the public, by way of a Prospectus, to subscribe up to Sixty Eight Million (68,000,000) new Ordinary Voting Shares of the Bank (Initial Issue) and in the event of an oversubscription of the Initial issue to issue up to a further Twenty Mil...

Ashapuri Gold Ornament Limited updates on Further Issue of Shares

The abundance of rights issues by listed corporates in the current calendar year has helped, to some extent, satiate the investors’ appetite for good stocks. While private limited companies still lack interest in going public — as shown by a handful of initial public offerings (IPOs) in 2020 — rights issues by companies have been generous. Rights issues, when offered by reputable companies with a record of consistent earnings growth, healthy dividends and an attractive price, have been ...