This document lists mergers that occurred on the Karachi Stock Exchange between 2005 and 2012. It provides details of the merging and acquired companies, including their stock ticker symbols, the date of each merger, and the total capital in millions (M) of Pakistani rupees. Some of the major mergers included Atlas Bank merging with Summit Bank in 2011, Royal Bank of Scotland merging with Faysal Bank the same year, and WorldCall merging its subsidiaries with WorldCall Telecom in 2006. In total, over 50 mergers are documented in the stock exchange during this period.

1. A list of mergers in Karachi Stock Exchange
Posted By: OLy.com.pkon: July 21, 2014In: IslamabadNo Comments
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Companies merged in Pakistan
Company Name Merged Into Merge Date Capital
2012
Azam Textile Mills Limited –
(AZAMT)
Saritow Spinning Mills
Limited – (SSML)
2012-02-21 132.750 M
2011
Mybank Limited – (MYBL) Summit Bank Limited –
(SMBL)
2011-07-06 5,303.582 M
Atlas Bank Limited – (ATBL) Summit Bank Limited –
(SMBL)
2011-01-11 5,001.466 M
The Royal Bank of Scotland Limited
– (RBS)
Faysal Bank Limited –
(FABL)
2011-01-03 17,179.814
M
2010
Shaheen Cotton Mills Limited –
(SCML)
Shahzad Textile Mills
Limited – (SZTM)
2010-08-02 147.294 M
Askari Leasing Limited – (ASKL) Askari Bank Limited –
(AKBL)
2010-03-10 517.402 M
Al-Zamin Leasing Corporation
Limited – (AZLCL)
Invest Capital Investment
Bank Limited – (ICIBL)
2010-01-11 496.071 M
Al-Zamin Leasing Modaraba –
(AZLM)
Invest Capital Investment
Bank Limited – (ICIBL)
2010-01-11 308.721 M
2009
Orix Investment Bank Limited –
(OIBL)
Orix Leasing Pakistan
Limited – (OLPL)
2009-10-28 1,089.000 M
Automotive Battery Company
Limited – (AUBC)
Exide Pakistan Limited –
(EXIDE)
2009-05-04 52.648 M
Network Leasing Corporation
Limited – (NLCL)
KASB Bank Limited –
(KASBB)
2009-02-17 175.000 M
International Multi Leasing
Corporation – (IMLC)
Al-Zamin Leasing
Modaraba – (AZLM)
2009-01-19 54.000 M
2008
Pakistan Slag Cement Industries
Limited – (PKSLC)
Zeal Pak Cement Factory
Limited – (ZELP)
2008-06-11 64.000 M
Universal Leasing Corporation
Limited – (UNVL)
Al-Zamin Leasing
Corporation Limited –
(AZLCL)
2008-06-06 210.000 M
Pakistan Industrial Credit &
Investment Corporation Limited –
NIB Bank Limited – (NIB) 2008-01-01 4,152.720 M

2. (PICIC)
PICIC Commercial Bank Limited –
(PICB)
NIB Bank Limited – (NIB) 2008-01-01 2,734.875 M
2007
International Housing Finance
Limited – (IHFL)
KASB Bank Limited –
(KASBB)
2007-11-22 450.000 M
Suzuki Motorcycles Pakistan Limited
– (SMOP)
Pak Suzuki Motor
Company Limited –
(PSMC)
2007-10-29 438.989 M
Dewan Hattar Cement Limited –
(DHCL)
Dewan Cement Limited –
(DCL)
2007-10-22 2,565.000 M
Crescent Standard Investment Bank
Limited – (CSIBL)
International Housing
Finance Limited – (IHFL)
2007-07-20 1,257.610 M
Guardian Modaraba – (GMOD) B.R.R. International
Modaraba – (BRRI)
2007-05-25 244.695 M
2006
Jahangir Siddiqui Investment Bank
Limited – (JSIB)
JS Bank Limited – (JSBL) 2006-12-30 853.125 M
Union Bank Limited – (UNBL) Standard Chartered Bank
Limited – (SCBPL)
2006-12-29 3,387.505 M
Colony Textile Mills Limited –
(COLT)
Colony Mills Limited –
(CML)
2006-08-28 250.000 M
First Allied Bank Modaraba –
(FABM)
Allied Bank Limited –
(ABL)
2006-08-25 350.000 M
Pakistan Papersack Corporation
Limited – (PPCL)
Thal Limited – (THALL) 2006-08-04 68.993 M
Atlas Investment Bank Limited –
(ATLSB)
Atlas Bank Limited –
(ATBL)
2006-07-26 506.024 M
Modaraba Al-Tijarah – (MATJ) Modaraba Al – Mali –
(MODAM)
2006-07-11 75.778 M
WorldCall Broadband Limited –
(WCBL)
WorldCall Telecom Limited
– (WCTL)
2006-06-09 1,500.000 M
WorldCall Communication Limited –
(WCCL)
WorldCall Telecom Limited
– (WCTL)
2006-06-09 1,831.702 M
WorldCall Multimedia Limited –
(WCML)
WorldCall Telecom Limited
– (WCTL)
2006-06-09 530.000 M
Abamco Capital Fund – (ACF) UTP Growth Fund –
(UTPGF)
2006-06-06 2,029.420 M
Abamco Growth Fund – (AGF) UTP Growth Fund –
(UTPGF)
2006-06-06 275.625 M
Abamco Stock Market Fund –
(ASMF)
UTP Growth Fund –
(UTPGF)
2006-06-06 875.000 M
Second Tri Star Modaraba – (STSM) First Tri-Star Modarba – 2006-04-10 128.700 M

3. (FTSM)
2005
Ibrahim Leasing Limited – (IBRL) Allied Bank Limited –
(ABL)
2005-05-31 251.350 M
Umer Fabrics Limited – (UMEF) Nishat Chunian Limited –
(NCL)
2005-01-20 240.052 M
First National Modaraba – (FNAM) First Paramount Modaraba
– (FPRM)
2005-01-09 51.800 M