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Mettis Global News
Mettis Global News

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FFBL board okays merger of FFBL Foods with and into the company

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April 26, 2020 (MLN): The Board of Fauji Fertilizer Bin Qasim Limited (“FFBL”) has passed a resolution approving, in principle, the amalgamation of FFBL Foods Limited with and into FFBL (the surviving company) pursuant to Section 284 of the Company's Act, 2017 subject to the preparation and approval by the Board of the Scheme of Amalgamation, creditors' consents and such other consents or approvals as may be required to give effect to the amalgamation.

The aforesaid information was disseminated via a notification issued to Pakistan Stock Exchange on Monday.

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Posted on: 2021-04-26T13:22:00+05:00

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