BML receives full Rs12bn consideration for Cullinan Tower

Mettis Global reported that Bank Makramah Limited (PSX: BML) has collected the outstanding payment for Cullinan Tower, the Clifton property in Karachi previously called Summit Tower. The final receipt brings the total sale consideration to Rs12bn, which closes the deal on a successful note. The update was passed on to the Exchange through a notification issued on September 2, 2026.

Its site is Plot No. G-2, Block-2, Scheme-5 in Clifton, Karachi, and the sale is now recorded as concluded. The final payment was the outstanding portion of the Rs12bn total. Because the full amount has now come in, nothing remains due on the deal. The disclosure confirms the closing of the transaction for the bank's shareholders.