Adamjee Insurance extends validity of Rs650mn investment in Nishat Mills

MG News | May 30, 2022 at 12:40 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 30, 2022 (MLN): Adamjee Insurance Company Limited (AICL) has extended the validity of the investment of up to Rs625 million for the purchase of 5 million ordinary shares of Nishat Mills Limited for a further two years till May 28, 2024, company’s filing on bourse showed today.

The validity has been extended to allow the company to make a balanced investment with other terms and conditions of the investment to remain unchanged, the notice said.

Copyright Mettis Link News

Related News

APAG book building oversubscribed 1.84x, strike price set at Rs33

BOP profit surges 44% to Rs9.37bn in 1HCY26

PIA holding’s half-year loss widens 76% to Rs25bn

Name	Price/Vol	%Chg/NChg
KSE100	177,696.51 304.87M	0.21% 373.73
ALLSHR	107,705.18 655.88M	0.15% 159.56
KSE30	52,933.03 152.01M	0.35% 184.89
KMI30	251,798.59 90.78M	0.35% 875.46
KMIALLSHR	69,442.62 342.89M	0.12% 85.14
BKTi	50,491.32 102.65M	0.60% 299.36
OGTi	36,062.21 6.01M	0.11% 39.56

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,395.00	78,395.00 77,660.00	560.00 0.72%
BRENT CRUDE	88.29	88.75 87.26	-0.23 -0.26%
RICHARDS BAY COAL MONTHLY	117.00	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	131.50	132.75 131.50	1.75 1.35%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	83.44	83.78 82.25	-0.09 -0.11%
SUGAR #11 WORLD	17.56	18.66 17.44	-0.63 -3.46%