Waves Home Appliances Announces PKR 1.5B Right Issue

WAVESAPPWaves Home Appliances LimitedWAVESAPP · Cable & electrical goodsMaterial informationFiled Pakistan time

Summary

Waves Home Appliances Limited announces a Rs 1.5B Right Issue to strengthen financial position and support growth objectives.

Kind of disclosure: Other

Read the original filing

Key facts

Right Issue announced
Rs 1.5B
Quantum of Right Issue
56%
Working capital allocation
Rs 800M
Loan repayment allocation
Rs 700M
Regulatory compliance
SECP and PSX
Risk of undersubscription
Potential shareholder disinterest

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Source: Waves Home Appliances Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.