Adamjee Insurance extends validity of Rs650mn investment in Nishat Mills

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

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

Symmetry Group's profit jumps 14% to Rs47m in Q1FY26

Abbott Pakistan profit surges 36% to Rs5bn in 9MCY25

Mughal Steel swings to Rs926m profit in Q1 FY26

Name	Price/Vol	%Chg/NChg
KSE100	158,327.66 34.72M	-0.09% -137.40
ALLSHR	96,672.22 118.01M	0.12% 113.06
KSE30	48,181.04 16.13M	-0.32% -153.88
KMI30	228,135.76 10.35M	-0.40% -919.59
KMIALLSHR	63,278.92 49.89M	0.06% 39.55
BKTi	44,436.73 5.38M	-0.44% -195.55
OGTi	31,286.70 0.51M	-0.03% -9.06

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,260.00	111,595.00 108,025.00	-2370.00 -2.14%
BRENT CRUDE	64.73	64.96 64.51	-0.19 -0.29%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.10 -1.35%
ROTTERDAM COAL MONTHLY	92.50	0.00 0.00	-0.20 -0.22%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.22	60.47 60.07	-0.26 -0.43%
SUGAR #11 WORLD	14.43	14.56 14.21	0.06 0.42%