The Bank of Khyber’s confirmation of receipt of full subscription amount in respect of rights issue (R-2) of auditors’ certificate
Karachi: As per requirement of the Karachi Stock Exchange (Guarantee) Limited we are pleased to enclose copy of Auditors Certificate confirming receipt of full amount of Rights Issue of The Bank of Khyber (BOK).
We would highly appreciate if the NOC regarding release of subscription amount may please be issued to the Banker to the Rights Issue (The Bank of Khyber) at your earliest enabling us to meet the Minimum Capital Requirement of the State Bank of Pakistan accordingly.
Receipt of Subscription Money against Offer For Right Shares
As desired by you, we have checked from the bank statements and books and records of the Company that an amount of Rs. 3,224,000,000 has been received from shareholders towards the subscription of 322,400,000 shares, against the total offer of 322,400,000 right shares of Rs. 10 each at par to the shareholders of The Bank of Khyber (the Bank). Out of the 332,400,000 right shares, 980 shares are registered with CDC and all the requirement with regards to allotment in the name of CDC with respect to the aforementioned 980 shares have been fulfilled by the Bank.
Further, the revised paid-up share capital of the Company after the aforementioned issue of right share would be Rs. 8,229,086,200 (comprising of 822,908,620 shares of Rs. 10 each).
We confirm that we have been serving the Bank in the capacity of statutory auditors since 2009.
For more information, contact:
The Bank of Khyber
24 – The Mall, Peshawar Cantt,
25000 Khyber Palchtunkhwa,
Islamic Republic of Pakistan.
UAN: +92-91-111 95 95 95