Meezan Bank : Noor Investment Sells 34.3m Shares in Meezan Bank
International fund managers have bought these shares in pieces but selling reflects strong demand of the bank in international market, said Siddiqui.
The share value of
He said international fund managers who bought the shares in Meezan would be helpful for the bank since fund managers provide important input regarding the performance.
Selling more than 5pc shares in any listed bank requires prior permission from the
The CEO ruled out any possible change in the policies or directions of the bank, saying they have helped it to grow with a strong balance sheet.
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