GCIL invests Rs228mn in G3 Technologies Ltd

MG News | December 03, 2021 at 03:19 PM GMT+05:00

0:00

December 3, 2021 (MLN): Ghani Global Holdings Limited has announced that its subsidiary, Chemical industries Limited (GCIL), the largest manufacturer of medical and industrial gases in Pakistan has invested Rs228 million in G3 Technologies Limited (GTECH), the company filing on PSX showed today.

This investment is an associated undertaking against the purchase of 22,800,000 shares on December 02, 2021 at Rs10 per share through the NDM market.

After this, the aggregate investment by the GCIL in GTECH is 39,800,000 shares i.e., 15.93% of the total paid-up capital of GTECH.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	153,866.17 113.04M	-0.36% -555.27
ALLSHR	92,322.41 289.91M	-0.18% -165.37
KSE30	47,054.02 67.50M	-0.57% -268.71
KMI30	220,139.18 52.42M	-0.81% -1787.82
KMIALLSHR	59,630.44 114.87M	-0.43% -258.98
BKTi	44,089.65 23.49M	-0.09% -38.05
OGTi	31,668.31 6.28M	-0.15% -47.11

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,495.00	74,210.00 70,200.00	850.00 1.20%
BRENT CRUDE	103.89	103.95 97.60	3.43 3.41%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-12.90 -11.49%
ROTTERDAM COAL MONTHLY	122.70	123.80 122.70	-1.10 -0.89%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	99.31	99.32 92.04	3.58 3.74%
SUGAR #11 WORLD	14.41	14.53 14.30	0.03 0.21%