Bawany Air Products to acquire ASSM for Rs12bn

By MG News | August 02, 2024 at 09:57 AM GMT+05:00

0:00

August 02, 2024 (MLN): Bawany Air Products Limited (PSX: BAPL) has signed a share purchase agreement to acquire 100% of the shareholding in Alman Seyyam Sugar Mills Private Ltd. (ASSM).

The total consideration for this purchase is Rs12 billion.

BAPL shared the development in its notice to the Pakistan Stock Exchange (PSX) on Friday.

Copyright Mettis Link News

Related News

PSX Closing Bell: A Hard Day’s Fall

BCL halts production amid prolonged tractor industry slump

PREMA successfully redeems Sukuk Certificates on maturity

Name	Price/Vol	%Chg/NChg
KSE100	122,143.57 238.19M	-1.57% -1949.56
ALLSHR	76,055.22 966.52M	-1.36% -1051.07
KSE30	36,883.30 115.66M	-1.74% -653.39
KMI30	180,397.18 129.11M	-2.16% -3973.50
KMIALLSHR	52,092.45 393.86M	-1.73% -918.69
BKTi	29,957.41 15.86M	-1.36% -411.82
OGTi	27,188.26 11.39M	-1.70% -471.10

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	105,450.00	106,630.00 103,010.00	-1645.00 -1.54%
BRENT CRUDE	74.96	78.50 70.41	5.60 8.07%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-2.00 -2.22%
ROTTERDAM COAL MONTHLY	103.60	103.60 103.50	1.00 0.97%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	73.77	77.62 68.49	5.73 8.42%
SUGAR #11 WORLD	16.08	16.50 16.07	-0.19 -1.17%