Ghani Global may invest in DBSL’s right issue

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

Add Mettisglobal as a Trusted Source on Google

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	175,397.23 237.12M	1.74% 2997.33
ALLSHR	105,681.97 467.15M	1.69% 1754.08
KSE30	52,339.24 120.88M	1.77% 911.07
KMI30	251,257.13 117.53M	1.83% 4514.04
KMIALLSHR	68,664.03 287.20M	1.72% 1164.09
BKTi	47,750.93 24.76M	1.65% 776.64
OGTi	35,488.09 5.51M	0.87% 304.56

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,855.00	66,055.00 63,430.00	2195.00 3.45%
BRENT CRUDE	83.38	85.93 83.04	-3.95 -4.52%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	3.75 3.14%
ROTTERDAM COAL MONTHLY	131.00	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	80.48	82.42 80.00	-4.40 -5.18%
SUGAR #11 WORLD	13.70	0.00 0.00	0.00 0.00%