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KARACHI, April 13: The Central Depository Company of Pakistan Limited (CDC) has inducted and subsequently transferred 1.326 billion Lot ‘B’ shares of Pakistan Telecommunications Company Limited (PTCL) to the account of the buyer.
According to CDC here on Thursday, this was the second such transaction during the financial year as earlier in November 2005, 9.611 billion shares of the KESC were facilitated through the Central Depository System (CDS) of the company.
With the induction of PTCL shares, the total number of shares under the custody of CDC had surged to around 31.7bn, an increase of 79pc during the financial year.—APP
