Engro Rupiya second launch

LAHORE (PPI) - Engro Corporation Limited has announced the launch of the second issue of the Engro Rupiya Certificates savings option, which provides investors with an unprecedented 14.5% rate of return. This issuance follows the successful launch of the certificates in October 2010. This issuances comes after the successful launch of the certificates in October 2010, when subscriptions for the Engro Rupiya Certificates reached Rs 4 billion, with the target having been met before the announced IPO closing period, with 80% of the amount having come from individual investors. The second release of Engro Rupiya Certificates also offers profit payments twice in a year for a minimum amount of PKR 25,000, invested for a period of 3 years. The product offers investors the option to encash the certificates at any time, with the profit accumulated from the date of purchase to the date of encashment.

ePaper - Nawaiwaqt