BML receives full Rs12bn consideration for Cullinan Tower
Bank Makramah Limited (PSX: BML) has received the remaining sale consideration for Cullinan Tower (formerly Summit Tower), located at Plot No. G-2, Block-2, Scheme-5, Clifton, Karachi.
September 2, 2026 (MLN): Bank Makramah Limited (PSX: BML) has received the remaining sale consideration for Cullinan Tower (formerly Summit Tower), located at Plot No. G-2, Block-2, Scheme-5, Clifton, Karachi. The BML Board of Directors approved the sale of Cullinan Tower on July 3, 2025. Subsequently, on August 1, 2025 , the Sale Purchase Agreement (SPA) was executed and the down payment was received against the tr...