DGKC plans to establish subsidiary in Houston

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

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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.

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