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Press Releases from emagine (1 total)

KASB RAISES FOREIGN EQUITY FOR NEXT PHASE OF GROWTH

Karachi, 05 September 2007: KASB Capital Limited, the local partner of Merrill Lynch and the asset management, brokerage and investment banking arm of the KASB Group, is pleased to announce that it has successfully raised PKR 2 billion (US$ 33 million) through a private placement of equity to GLG Emerging Markets Special Situations Fund, Tikehau Asia and Liberty Harbor. Under the terms of the placement the above mentioned investors will

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