Bank Makramah Limited has announced that it will no longer pursue the equity investment proposal from M/s DM Holdings Limited-led Consortium, while confirming a separate investment of PKR 10 billion from its sponsor, His Excellency Nasser Abdulla Hussain Lootah.
- The proposal from M/s DM Holdings Limited is officially withdrawn.
- The Board of Directors has approved an investment of PKR 10 billion, pending corporate and regulatory approvals.
- This update aims to keep investors and the market fully informed about the Bank's financial activities.