CDC eliminates Annual Maintenance Fee for the Sub-Account Holders & full waiver of the CDS connection fee and minimum fees for Securities Brokers! The Central Depository Company of Pakistan Limited (CDC) has completely eliminated Annual Maintenance Fee for the Sub-Account Holders, as well as announced a full waiver of the CDS connection fee and minimum…
Newly licensed by SECP, Pakistan’s first Digital Insurer Salaam Family Takaful Limited (SFTL) and Central Depository Company of Pakistan Limited (CDC) have entered an arrangement for SFTL’s participation in the Centralized Information Sharing Solution for the Insurance Industry (CISSII) and Centralized Insurance Repository (CIR) which are key cross-industry information sharing systems developed and administered by…
International Packaging Films Limited intends to raise PKR 1.47 billion by issuing 70.1 million shares to the public representing 10.01% of its post-IPO paid-up capital at a Floor Price of PKR 21.00/share. The Book Building Dates are 8th & 9th May. The Company will utilize the proceeds raised from IPO for early repayment of long-term…
Central Depository Company (CDC) has collaborated with the State Bank of Pakistan (SBP) to allow investors to purchase mutual funds units using SBP’s RAAST Payment Gateway. CDC has developed a framework where it acts as an “Aggregator” and issues a Raast Payment ID, enabling investors to digitally transfer funds, using Raast, to the respective Asset…
