ASIC · Asia Insurance Company Limited
Asia Insurance Company Limited Right Shares Draft Offer Document
Official PSX filing title: Right Shares Offer Document - DRAFT
- Filed
- 26 October 2026 at 3:27 pm
- Category
- Actions
- Sentiment
- Good
- Impact
- High
Executive summary
Asia Insurance Company Limited has released its draft offer document for issuing 26,991,757 right shares at PKR 10 per share, aiming to raise PKR 269,917,570 to comply with SECP regulatory paid-up capital requirements.
Key takeaways
- Issuance of 26,991,757 new ordinary shares at par value of PKR 10 each.
- Total funds to be raised amount to PKR 269,917,570.
- Proportion of 1 right share for every 2.70 existing ordinary shares (36.97% of existing paid-up capital).
- Primary objective is to meet the minimum paid-up capital requirement for non-life insurers under Insurance Rules, 2017.
- #right-issue
- #capital-increase
- #regulatory-compliance
- #asric
Please cross-check with the official PSX filing before making an investment decision.