Gul Ahmed Textile Mills to acquire 50% share capital of Worldwide Developers

By MG News | August 07, 2019 at 12:34 PM GMT+05:00

0:00

August 7, 2019 (MLN): The Board of Directors of Gul Ahmed Textile Mills Limited has convened an Extraordinary General Meeting to consider and pass the resolution regarding investment in Worldwide Developers (Private) Limited, which is also a related party of the company.

With an investment of Rs. 2.2 billion, the company intends to acquire both 50% of the issued and paid up share capital of Worldwide Developers.

Copyright Mettis Link News

Related News

TRG Pakistan plans appeal against IHC Order

PSX Closing Bell: Holding Ground

BML Board authorizes CEO to execute deposit deal

Name	Price/Vol	%Chg/NChg
KSE100	130,961.35 49.98M	0.21% 274.70
ALLSHR	81,552.22 267.05M	0.30% 246.96
KSE30	40,034.39 25.20M	0.22% 88.94
KMI30	191,007.53 28.89M	0.16% 309.48
KMIALLSHR	55,120.13 129.95M	0.08% 45.98
BKTi	34,822.74 3.85M	0.74% 254.35
OGTi	28,583.18 2.37M	-0.54% -156.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,755.00	110,525.00 109,600.00	-660.00 -0.60%
BRENT CRUDE	68.65	68.89 68.42	-0.15 -0.22%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	-0.75 -0.76%
ROTTERDAM COAL MONTHLY	108.45	109.80 108.45	-0.55 -0.50%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.94	67.18 66.72	-0.06 -0.09%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%