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

Trending :

CCP gives nod to First UDL Modaraba’s integration with UDL International

CCP gives nod to First UDL Modaraba's integration with UDL International
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

December 05, 2023 (MLN): The Competition Commission of Pakistan (CCP) has authorized the proposed merger transaction of First UDL Modaraba (PSX: FUDLM) with and into UDL International Limited, as revealed in FUDLM’s filing on PSX today.

FUDLM is a perpetual, multipurpose, and multidimensional Modaraba that provides finance under Murabaha and Musharakah arrangements, Ijarah, commodity trading, and trading in listed and non-interest-bearing securities.

At the time of writing, the company's share is being traded at Rs7.8, up by 41 paisa or 5.55% compared to its previous close.

Copyright Mettis Link News

Posted on: 2023-12-05T11:51:36+05:00