Due diligence of KASB Bank Limited

Karachi, KASB Bank Limited informed Karachi Stock Exchange that the State Bank of Pakistan has granted permission also to BankIslami (Pakistan) for initiating the due diligence of KASB Bank Limited, which will commence shortly. KASB Securities Limited was incorporated in Pakistan on October 24, 2000 under the Companies Ordinance, 1984. The company is a subsidiary of KASB Bank Limited which acts as a parent company. The holding includes 77.12% of the shares of the group. The operations of the company were effectively commenced from January 01, 2003. The assets and liabilities of the securities segment of the then Khadim Ali Shah Bukhari and Company Limited under the scheme of arrangement approved by the High Court of Sindh. The shares of the company are listed on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The company has corporate membership of the Karachi Stock Exchange Limited and Pakistan Mercantile Limited. The company is principally engaged in the business of stocks, money market, foreign exchange and commodity broking. The company also invests in a mix of listed and unlisted equity and debt securities, economic research and advisory services. The subsidiary of the company is Structured Venture Limited which was incorporated in Pakistan on June 25, 2010. It is wholly owned by KASB Securities Limited. The symbol “KASBSL” is being used by the stock exchange for the shares of KASB Securities Limited.

KASB Bank Limited’s appointment of M/s- THK Associates Private Ltd as registrar /transfer agent of KASB Bank Limited

Karachi, March 21, 2013 (PPI-OT): With reference to our earlier letter under reference / KASB/Registrar/THK/2013 dated March 4, 2013 we are pleased to inform you that M/s. THK Associates (Pvt.) Ltd., has been appointed as Share Registrars/ Transfer Agents of KASB Bank Limited (KASBB) in place of M/s. Noble Computer Services (Pvt) Limited with effect […]