Amana Takaful PLC concludes rights issue

Amana Takaful PLC concludes rights issue, Raises over Rs. 1Bn amid strong shareholder demand

Amana Takaful PLC has successfully closed its Rights Issue, raising more than Rs. 1 billion through the allotment of over 52.8 million new ordinary voting shares priced at Rs. 19 each. The offer, extended exclusively to existing shareholders, was oversubscribed by 68.8%, signaling solid investor confidence in the company’s direction. The response builds on a […]