FATIMA to make Fatima Cement a fully owned subsidiary

MG News | April 07, 2022 at 02:30 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 07, 2022 (MLN): The board of Fatima Fertilizer Company Limited (FATIMA) has accorded a recommendation for investment in Fatima Cement Limited (FCL), an associated company, by way of acquisition of 30, 003,000 ordinary shares of Rs10 each of FCL from all the existing shareholders of FCL at par value.

Accordingly, this will make FCL a 100% owned subsidiary of Fatima Fertilizer Company Limited, a notice to PSX said today.

Copyright Mettis Link News

Related News

PSX recomposes KSE-100 Index, effective October 1

SMCPL flags fraudulent accounts misusing Arif Habib’s name

PSX Closing Bell: Green Takes the Checkered Flag

Name	Price/Vol	%Chg/NChg
KSE100	169,392.33 140.87M	0.85% 1421.67
ALLSHR	102,246.77 370.03M	0.62% 626.89
KSE30	50,468.10 50.48M	0.76% 379.72
KMI30	241,108.75 61.37M	0.48% 1151.64
KMIALLSHR	66,245.50 219.95M	0.50% 327.36
BKTi	46,992.31 14.07M	0.64% 300.00
OGTi	34,488.93 4.55M	0.11% 37.74

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,410.00	79,110.00 75,575.00	-2740.00 -3.46%
BRENT CRUDE	108.84	108.93 105.10	3.16 2.99%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	2.75 2.16%
ROTTERDAM COAL MONTHLY	138.50	138.50 138.50	-0.80 -0.57%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	106.13	106.22 101.21	4.74 4.68%
SUGAR #11 WORLD	17.98	18.30 17.88	-0.18 -0.99%