Ghani Global may invest in DBSL’s right issue

MG News | May 31, 2022 at 12:25 PM GMT+05:00

0:00

May 31, 2022 (MLN): Ghani Global Holdings Limited and its associates may invest in the Dadabhoy Sack Limited (DBSL)'s future right issue as per their "Revival Business Plan" by up to 30% i.e. up to 45,000,000 shares out of the unsubscribed portion, the company filing on PSX showed on Tuesday.

In a recent development, the company has made an arrangement with DBSL to provide technical and financial support, seek collaborating partners, and set up the online shopping i.e. e-Commerce business within DBSL.

Setting up of e-Commerce can either be set up of the said business as a green-field project or buy (with full rights) the e-Commerce business from the collaborating partners while modalities and a formal agreement will be finalized in due course of time.

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%