{"id":620195,"date":"2026-09-10T08:58:08","date_gmt":"2026-09-10T08:58:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/620195\/"},"modified":"2026-09-10T08:58:08","modified_gmt":"2026-09-10T08:58:08","slug":"bml-drops-dm-holdings-deal-eyes-rs10bn-sponsor-injection","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/620195\/","title":{"rendered":"BML drops DM Holdings deal, eyes Rs10bn sponsor injection"},"content":{"rendered":"<p class=\"MsoNormal\">September 10, 2026 (MLN): Bank Makramah Limited (BML)<br \/>\nhas ended the potential equity investment proposal from DM Holdings Limited-led<br \/>\nConsortium, which had been under consideration since June 11, 2026.<\/p>\n<p class=\"MsoNormal\"><a href=\"https:\/\/mettisglobal.news\/DM-Holdingsled-consortium-signals-stake-acquisition-in-Bank-Makramah-61031\" rel=\"nofollow noopener\" target=\"_blank\">On<br \/>\nJune 11, 2026<\/a>, BML\u2019s Board of Directors, in its 158th meeting, had accorded<br \/>\nin-principle approval to proceed further with discussions and engagement<br \/>\nregarding the Consortium\u2019s Letter of Interest (LOI) to acquire a significant<br \/>\nshareholding interest in BML.<\/p>\n<p class=\"MsoNormal\">The proposal involved a capital injection of up to Rs26bn.<br \/>\nAny investment was subject to satisfactory due diligence, successful<br \/>\nnegotiation of the transaction between the parties, and receipt of applicable<br \/>\ncorporate and regulatory approvals.<\/p>\n<p class=\"MsoNormal\">BML has <a href=\"https:\/\/dps.psx.com.pk\/download\/document\/282465.pdf\" rel=\"nofollow noopener\" target=\"_blank\">now disclosed<\/a><br \/>\nthat the said proposal is no longer being pursued.<\/p>\n<p class=\"MsoNormal\">Meanwhile, as <a href=\"https:\/\/mettisglobal.news\/Bank-Makramah-approves-Rs10bn-sponsor-investment-62738\" rel=\"nofollow noopener\" target=\"_blank\">already<br \/>\ndisclosed on the PSX on August 18, 2026<\/a>, the Board of Directors had<br \/>\napproved the investment proposal received from the Bank\u2019s Sponsor, Nasser<br \/>\nAbdullah Hussain Lootah, for the injection of a further Rs10bn into the Bank,<br \/>\nsubject to applicable corporate and regulatory approvals.<\/p>\n<p class=\"MsoNormal\" align=\"center\" style=\"\">Copyright <a href=\"https:\/\/mettisglobal.news\/\" rel=\"nofollow noopener\" target=\"_blank\">Mettis Link News<\/a><\/p>\n<p class=\"MsoNormal\" align=\"center\" style=\"\">\n<p>\u00a0<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"September 10, 2026 (MLN): Bank Makramah Limited (BML) has ended the potential equity investment proposal from DM Holdings&hellip;\n","protected":false},"author":2,"featured_media":620196,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[263245,2476,18767,103,61,60,263246,385,371,43],"class_list":["post-620195","post","type-post","status-publish","format-standard","has-post-thumbnail","category-medication","tag-bml","tag-breaking-news","tag-equity","tag-health","tag-ie","tag-ireland","tag-kse100","tag-latest-news","tag-medication","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/620195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=620195"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/620195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/620196"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=620195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=620195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=620195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}