Avanceon Ltd to dispose of engineering business segment / undertaking for Rs 819 million

MG News | July 15, 2019 at 02:44 PM GMT+05:00

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July 15, 2019 (MLN): The Board of Directors of Avanceon Limited has unanimously resolved to dispose of the after-market engineering and technical services related business segment / undertaking at Rs. 819 million to its wholly owned subsidiary company, against issuance of 81.9 million shares of Rs. 10 each by the subsidiary company.

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