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CLVL’s BoD approves termination, settlement agreement with Trukker

CLVL to invest over Rs1bn in Finox
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December 22, 2022 (MLN): The Board of Directors (BoD) of Cordoba Logistics & Ventures Limited (PSX: CLVL) on Thursday approved the Termination and Settlement Agreement with Trukkr (Pvt.) Limited, for its 5% equity stake, against a full & final settlement mutually agreed b/w the parties.

Accordingly, Trukkr (Pvt.) Limited will be paid Rs18.50 million; thus, yielding a Rs5mn return on the company's investment for its shareholders.

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Posted on: 2022-12-22T15:17:53+05:00