FNEL appoints consultant to sell its stake in Kingbhai Digisol

MG News | January 14, 2021 at 01:59 PM GMT+05:00

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January 14, 2021 (MLN): The Board of Directors of First National Equities Limited (FNEL) in their meeting held today on January 14, 2021, has approved to appoint consultant for the negotiation and subsequent execution of an equity sale of its stake in Kingbhai Digisol (Pvt.) Limited.

The successful execution of this transaction is dependent on the satisfactory due diligence process and completion of all regulatory formalities.

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