DGKC plans to establish subsidiary in Houston

MG News | July 19, 2024 at 03:47 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 19, 2024 (MLN): The Board of Directors of DG Khan Cement Company Limited (PSX: DGKC) has accorded approval to management to explore the opportunity to establish a wholly owned subsidiary of the company in Houston, Texas, United States of America.

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

The subsidiary is planned to operate under the name "DG CEMENT USA LLC" and is subject to all necessary regulatory approvals under the laws of Pakistan and the USA.

Copyright Mettis Link News

Related News

PSX Closing Bell: From Green Dreams to Red Reality

K-Electric reaffirms ‘AA/A1+’ ratings with stable outlook

Pakistan's Hybrid Sukuk goes live at PSX

Name	Price/Vol	%Chg/NChg
KSE100	165,596.07 264.75M	-0.54% -902.76
ALLSHR	100,017.71 623.24M	-0.46% -463.69
KSE30	49,464.92 86.97M	-0.60% -299.08
KMI30	238,952.40 97.00M	-0.58% -1388.16
KMIALLSHR	65,314.16 323.73M	-0.44% -285.47
BKTi	44,788.98 46.84M	-0.77% -347.65
OGTi	35,107.09 7.04M	-0.41% -145.22

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	79,165.00	81,895.00 78,675.00	-2455.00 -3.01%
BRENT CRUDE	109.47	109.75 106.26	3.75 3.55%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-2.95 -2.61%
ROTTERDAM COAL MONTHLY	109.00	109.00 108.75	1.25 1.16%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	101.16	101.57 97.23	4.24 4.37%
SUGAR #11 WORLD	14.78	15.07 14.67	-0.21 -1.40%