The listing of the said shares took place today.
Engro Polymers and Chemicals Limited aimed to raise Rs. 3 billion, through 300 million preference shares of the face value of Rs. 10 per share. Out of the 300 million preference shares, 262.5 million preference shares (87.5 percent) were offered to and subscribed by the Pre-IPO investors. Whereas 37.5 million preference shares (12.5 percent) were offered to the general public.
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The applications were received for subscriptions of more than 202 million shares being received against an allocated target of 37.5 million shares in the general public portion of the said IPO. The result of the IPO has thus been oversubscription by 5.39 times or by more than 164.547 million shares or Rs. 1.645 billion.
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“Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces Continue Reading
“Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side by side with and in opposition to political power.” –Ludwig von Mises
In Latin America, it is rare for an academic or public intellectual to argue in favor of privatization as an economic policy. Some have even claimed that the failure of “neoliberal” policies, especially privatizations, was the cause of the violent demonstrations in Chile last year. Is there any kind of evidence that supports this series of claims? Has privatization always failed?
December 30 last day for submission of applications at KU
Karachi
December 25, 2020
The last date for the submission of the online applications for the open merit admission in the master and bachelor programmes for the academic year 2021 has been extended to December 30, said the University of Karachi on Thursday.
All details about the admission policy, the eligibility criteria and the number of seats have been published in the varsityâs Admission Prospectus-2021, which is available at the web portal, said the KU Directorate of Admissions Incharge Dr Saima Akhtar.
She said the candidates could fill in and submit admission forms with scanned copies of the required documents via the online admission portal. âThe processing fee of the admission form is Rs3,000 that could be submitted at any branch of the United Bank Limited through an online generated fee voucher from the web portal.â Also, the KU has set December 30 as the new last date for the submission of the o
KU extends open merit form submission date
Pakistan
University of Karachi. Photo: File
University of Karachi has extended the date for the submission of online applications for open merit admission in the Master s and Bachelor s programmes till December 30, 2020.
A statement issued on Thursday said that all details regarding admission policy, eligibility, requirements for the departments, and the number of seats could be seen in the admission prospectus-2021, which is available at the web portal.
The candidates can fill in and submit admission forms with scanned copies of the required documents through the online admission portal.
The processing fee of the admission form is Rs3,000 and can be submitted in any branch of United Bank Limited through an online generated fee voucher from the web portal.
KU admissions
December 19, 2020
The University of Karachi (KU) has announced the process for admissions on open merit for its 2021 bachelors and masters programmes.
According to Registrar KU Prof Abdul Waheed, candidates interested in seeking admissions at KU may fill and submit admission forms with scanned copies of required documents through the online admission portal of the university. The processing fee of Rs3,000 can be submitted in in any branch of United Bank Limited through an online generated fee voucher from the web portal till Dec 24.