BAHL Board greenlights talks to make AHCML a wholly-owned subsidiary
Bank AL Habib Limited (PSX: BAHL) has secured in-principle board approval to enter negotiations for acquiring an additional 33.33% shareholding in AL Habib Capital Markets (Pvt.) Limited (AHCML).
August 20, 2026 (MLN): Bank AL Habib Limited (PSX: BAHL) has secured in-principle board approval to enter negotiations for acquiring an additional 33.33% shareholding in AL Habib Capital Markets (Pvt.) Limited (AHCML). Its a move aimed at converting AHCML into a wholly-owned subsidiary of the Bank, subject to requisite approvals from the State Bank of Pakistan (SBP) and other regulatory and corporate authorities. Th...