Century Insurance Company Limited has provided an update on the subscription status for its right shares issue, indicating a strong level of interest from investors.
- Total issue size was PKR 448,144,520 for 44,814,452 right shares at PKR 10 each.
- Subscription received amounted to PKR 428,666,070, representing 95.65% of the total issue.
- Unsubscribed portion stands at PKR 19,478,450, or 4.35% of the total.
- The Board of Directors will decide on the allotment of the unsubscribed shares in accordance with the Companies Act, 2017.
- The subscription period ended on November 5, 2026.