Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Adamjee Insurance extends validity of Rs650mn investment in Nishat Mills

Adamjee Insurance extends validity of Rs650mn investment in Nishat Mills
Adamjee Insurance extends validity of Rs650mn investment in Nishat Mills
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

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

Posted on: 2022-05-30T12:40:51+05:00

33044