ABHI to acquire equity stake in Universal Network System

By MG News | March 29, 2023 at 01:20 PM GMT+05:00

0:00

March 29, 2023 (MLN): ABHI Private Limited (ABHI) will acquire an equity stake in Universal Network Systems Limited (UNSL) making way for Pakistan's largest platform to tap into fintech & logistics deployment in the retail distribution of products across Pakistan, the company's filing on PSX revealed today.

The share purchase agreement between the shareholders of UNSL and ABHI has been signed to complete the formalities for the finalization of this transaction.

All applicable regulatory and corporate approvals are required to consummate the transaction.

Copyright Mettis Link News

Related News

PSX proposes key regulatory amendments

PSX Closing Bell: Breaking Records, Breaking Ground

PACRA maintains the entity ratings of Bank Alfalah Ltd

Name	Price/Vol	%Chg/NChg
KSE100	128,199.43 336.91M	2.05% 2572.11
ALLSHR	79,787.62 1,023.63M	1.53% 1202.91
KSE30	39,105.00 121.90M	2.49% 951.21
KMI30	186,915.61 131.16M	1.10% 2029.11
KMIALLSHR	54,201.88 553.60M	0.81% 438.07
BKTi	33,476.68 51.49M	4.87% 1555.00
OGTi	27,962.58 9.77M	0.68% 188.60

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	106,590.00	108,105.00 105,930.00	-1645.00 -1.52%
BRENT CRUDE	67.11	67.50 66.34	0.37 0.55%
RICHARDS BAY COAL MONTHLY	97.50	97.50 97.50	0.70 0.72%
ROTTERDAM COAL MONTHLY	103.80	103.80 103.80	-3.45 -3.22%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.57	65.98 64.67	0.46 0.71%
SUGAR #11 WORLD	15.61	16.21 15.55	-0.59 -3.64%