Calcorp board approves sale of operating assets to Optimus

MG News | September 24, 2024 at 03:21 PM GMT+05:00

0:00

September 24, 2024 (MLN): The Board of Directors of Calcorp Limited (PSX: CASH) has considered and approved the prospective sales of the company's operating assets (i.e. the vehicles) to Optimus Limited, CASH informed through its latest filing on PSX.

The sale will be made at a price no less than the market value of these vehicles, subject to shareholder approval as required by law.

Moreover, the market value of the vehicles will be determined based on an independent valuation conducted at the time of the transaction.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,550.33 395.55M	-0.11% -191.02
ALLSHR	103,028.19 1,027.23M	-0.14% -148.02
KSE30	51,873.46 149.50M	-0.11% -58.64
KMI30	244,434.30 118.70M	-0.47% -1151.50
KMIALLSHR	67,236.48 539.93M	-0.44% -295.38
BKTi	46,070.29 75.44M	0.87% 398.16
OGTi	34,026.62 9.77M	-0.90% -310.43

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,540.00	86,725.00 85,365.00	555.00 0.65%
BRENT CRUDE	59.61	60.40 59.60	-0.95 -1.57%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.15 1.28%
ROTTERDAM COAL MONTHLY	95.75	0.00 0.00	-0.15 -0.16%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	55.84	56.70 55.83	-0.98 -1.72%
SUGAR #11 WORLD	14.98	14.98 14.86	0.03 0.20%