Kohat Cement Board approves over Rs2bn combined investment renewal
MG News | September 10, 2026 at 02:47 PM GMT+05:00
September 10, 2026 (MLN): Kohat Cement Company
Limited's (PSX:KOHC) Board of Directors has approved and recommended to members
the renewal of investment in the form of a loan/advance of Rs600mn in Ultra
Kraft (Private) Limited (UKPL), an associated company, under Section 199 of the
Companies Act, 2017.
The Board also approved the renewal and enhancement of
equity investment of up to Rs1,500mn in Ultra Properties (Private) Limited, a
wholly owned subsidiary of the company that is undertaking a real estate
project in Lahore.
The aforementioned information was
disseminated through a notification to Exchange.
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